@Fernanda Netto, you're going to spend $161k on a property with an ARV of $130?

I estimated I would spend about $20,000.00 into it and the plan was to list it around $100,000.00 with 6 months flip time (I work full time and planned to work on it nights and weekends but since it was all cash I wasn’t worried about the timeline).

I spend extra time when I'm spending money to make sure I get the best value from that purchase.Example, new TV 3k, other places 2500, few other online retailers 1800.

Don't spend time looking at unrenovated housing approaching 100 years in age.

@Daryl AskewNo I haven’t I read a article last night on BiggerPockets and spending too much much on gurus and buying every REI course I see that’s why I ask does anybody any great in Atlanta without waste time on unnecessary course and gurus that haven’t help newbies like myself.

If I buy a house in January, spend 6 months rehabbing it, and then rent it out in July, do the holding costs during the first 6 months (prorated property tax, mortgage interest, insurance, utilities, etc) get deducted from rental income, or do they get added to the basis of the property?

Last week, I got my first 2 with total spending limit between them of $15,000.

I'm not fond of your Houston purchase because you didn't gain much value after spending over $25k.

A lot of people spend more than that on a car. 

I will need to spend some time to really decipher your pillars.