@Mark Nolan Thanks Mark!

Mark Ferguson works in our market and doesn't work on houses and does 10-15 a year off the MLS. 

Mark, There are just some areas that are not profitable.  

@Mark Ferguson is pretty entertaining and very knowledgeable about real estate.

I look forward to connecting with you all in the future.Have a great evening,Mark Nelson

Welcome to Biggerpockets @Mark Kao!

Thanks @Mark Nolan.

@Mark CoulterWelcome to BP.

The money you save by hiring a contractor is very close to what the contractor mark up would be. $25k sounds like a lot, but when you install new roofs, HVAC systems, hot water tanks, ceramic tile, new supply lines to angle stop valves, vinyl plank flooring in high traffic areas, carpet in bedrooms, faucets, fixtures, electrical panel updates, etc. it really is not that much and important if you plan on a long term hold.

@Mark Smith Here is the skinny on FHA loans:* Down payment - 3.5% down min - you can do more, but it does not help with rates* Funding fee - 1.75% FHA funding fee to be paid at closing.