Property Details: SFH 6 beds 2 Bath 2016 sqft - Rented by the room.Purchase: 340,000Amount Financed: 272,000Down Payment: 20% (68,000)Purchase Costs: 12,777Loan Type: 30 yearInterest Rate: 8.75%Rents: 3,300**********************Investment Returns - Year 1Cap Rate (purchase) 8%Cap Rate (Market Value) 7.1%COC 1.8%Return on Equity 1.3%Return on Investment 25.1%Internal Rate of Return 25.1%

In essence, after two years I would have turned a $192k down payment into $284k equity (minus agent commissions and closing costs).Net proceeds after selling = $284k - $38k (6% agent commission) - $5k (estimated closing costs) - $7k (cost to hold for 2 years w/ negative cash flow) = $234kAfter selling the property, my plan would be to roll this equity into other investment properties through a 1031 exchange.Questions:Is this a good opportunity?

How do i estimate renovation costs?

Costs of business has increased dramatically over the past 20 years and liability has increased notably.

Replacing the tub was considered, but it is too costly.

Particularly be sure to include your goals for real estate investing so that folks can help you. 2) Follow your favorite forum topics and set up keyword alerts!

do you know your building costs?

It is normal to ask you to get your insurance broker to give a written cost on day one then the declarations page and ins and outs of the policy BEFORE loan documents are ordered. 

It sounds like there might have been some miscommunication, and I’ll make sure this is addressed internally.What We Offer100% Deal Financing: We cover the costs of acquiring and rehabbing properties, removing a significant barrier for many investors.Coaching and Support: Ongoing coaching, deal review, and team support to help you navigate and succeed in your real estate ventures.Software Tools: Access to software for finding and tracking off-market and pre-auction properties.Profit Sharing: We operate on a 50/50 profit split, ensuring both parties benefit from successful deals.Potential Earnings and TimeframeSide Hustle Potential: The amount you can make as a side hustle varies depending on the deals you find and complete.

I would find a local Attorney that you like and set up an account with them.