Circumstance of needing a place to live with the intent of selling for a profit mitigating costs How did you find this deal and how did you negotiate it?

So having said all that, properties that attract high quality tenants (location, location, location) cost more and have lower returns.

I would do nothing with it right now as the cost to borrow it is too expensive and real estate returns have been compressed.

Or a $500K property with a rehab budget of $200K and $35K for carrying costs and an ARV of $1M.

We have had Bad deals, that we still made a lot of money on, because of our financial analysis and looking at potential cost over runs, occupancy slippage, locked in interest rate, and market rate slippage.

I got a structural engineer to look at the house and he said I would need to take out the floors from the top down redoing all the floors and most of the crawlspace and that would likely cost about 20k.

Take the selling price $750k, deduct selling costs ($50k?)

I have been trying to gather as much information as possible and make sure that I don't make any costly mistakes right off the bat.

We're also getting some pretty sweet deals on new construction with closing cost incentives.

., pay off their existing loan, closing costs, and/ or put some cash in their pocket, etc)There are 2 "legs" of the transaction.