If one tenant has been in there for that long, there will also be some serious capex and turnover costs.

It’s crucial to ensure that your cash reserves can cover not only the mortgage but also unexpected expenses during the remodel.The 30% housing rule is a helpful guideline to avoid overextending yourself, and ideally, you should be comfortable with your monthly housing costs even without rental income.

I have other money that'll cost me 10%.

Grocers must eat the loss of their fresh vegetable or frozen foods during a power outage.

No requirement to be in the inner circle other than to get the 100% funding up to 65% of ARV, otherwise it is 90% of acquisition cost + 100% construction costs up to 65% of funding.

Another throws around the made up terms like “snowball” and “infinite” as if they have some magical power to rewrite the rules of finance.  

Those situations go bad more often than not, costing you money and the friendship.

Many out-of-state investors make big mistakes that cost them far more than a property manager would charge.

Do you have a total price range you're looking for, or maybe a cost/door?

Is saving the fee a PM charges worth the potential thousands in cost and headaches?