Amir Khan One of my very close friends is sponsoring some deals in Canada - PM me your contact details and I can put you in touch if you’re interested

I suppose 5% on repairs could be okay but it depends on the condition of the property and the type of tenants you'll have in that area.For management, usually I will put at least 10% in my analysis (especially for a duplex) as any property management company will typically charge a placement fee (usually 1 month rent) when they place a tenant in the unit.

Hi Obed - your other options are 1. partnering with other investors who would want in on your deal(I know people who are interested in buying in FL so feel free to shoot me a message with the details)2.

It's always prudent to to consider the cost benefit analysis of pursuing any legal action. 

By Value, I mean that Projected Sales Price - Cost of rehab - purchase price leaves a reasonable amount of profit to make it worth it.On Auction.com, I participate in Auctions every week where I have physically gone to properties, tracked down previous owners, done all kinds of analysis to get an understanding what the rehab cost may look like. 

That's one reason I appreciate Fortune Builders - most of their students approach this like a job, and when they send you a proposal, it's DETAILED! 

High level, it's a 15 year at 5.25% and I'm paying a point origination fee but the full loan details are below. 

In each room/space you need to describe in detail what you want done.

As you grow and grow BRRR or doing whatever bs strategy you are doing make sure to keep detailed and accurate accounting for your properties, depreciation schedules, expenses etc!

I was hoping to get my offer accepted and then get all the conversion details from the city during my inspection period.