The 50k I've mentioned is what else I estimate I'd be able to get with a second HE loan.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookPaul

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookDownload BP’s newest book here some good due diligence in Chapter 10.

I've looked into splitting the ducting and plumbing for an additional furnace and hot water heater, but the estimates for that were far outside of my budget.My two options are to either include the gas in the monthly rent by adjusting it accordingly, or to split the bill each month between the two tenants.

I've looked into splitting the ducting and plumbing for an additional furnace and hot water heater, but the estimates for that were far outside of my budget.My two options are to either include the gas in the monthly rent by adjusting it accordingly, or to split the bill each month between the two tenants.

See if there is any deferred maintenance on the property and estimate the costs of repairs.

In need of a roofer for 900 ft/sq home; estimate needed Northwest side

In order to arrive at  that, you have to a real handle on AVR (the price you will expect when you sell), the rehab construction estimates, knowing your fixed costs and selling costs.

I am in my early 30s (soon to be mid 30s) and am married with one child who was born just over a month ago.My goal:  To accumulate wealth.  

In fact, my estimates are that our average cost basis for each of its properties is about $40,000.