Here are some realities though:The average flip nationally takes 6 months from purchase to rehab to sales to closing to getting your cash back.

When determining rent, has anybody else had the fair market price be greater (by about $300) than the rent observed in their market? 

that deal is far to tight for the Jackson market.. what agents say stuff will sell for there almost always is 10% high of reality.  

I would not deal with it personally.. but anyway.. we collect basically the whole judgement through garnishments.. then I get a letter that she filed chapter 7 and all the money we collected had to be turned over to the trustee.. could be specific to Oregon.. but it happened.. but reality is and most landlords will tell you   your case is more rare than the norm. 

The reality is most people are going to say no.

I think I need a reality check on a few items and hoping someone can give some advice.

Another architect here, and I'm not trying to discourage you but to give you a reality check about becoming an architect through a couple pointed statements. 1 - Architecture, as a regular 8-5 job, is not going to make you wealthy 90% of the time.

The reality is it takes a lot of marketing dollars to find deals.

The reality is that your architect should be able to work with you to hit the budget that is laid out. 

I’ve finally bought into the reality that this buying a house as I save the 20-25% down payment thing isn’t what I want to do.