I'm curious how many hosts update their listings depending on the season.

The one item I am not clear on is the 50% contingency on top of the contractor bids.

This all comes down to how you're structured, how the flip cost were accounted for, if there is a partner (you mentioned "we").If it is an S Corporation and you "distribute" or "sell" the property to yourself, if there is any loss on value, which probably there isn't, know it most likely won't be deductible if it's a related party transaction.  

Exciting news: RentRedi, one of our valued Pro Partners, has earned a spot on the 2024 Inc. 5000 list.

Savan cool well it is good to start and when it is the first deal it is wiser to be cautious and not over extend one self on the payment and rehab costs.

Thanks Jonathan, I've been in about 10 properties in the last week, so I'm definitely on the ground.

The only reason to get your license in your context would be to get access to view vacant investment properties for yourself on your own schedule and for access to the MLS.

It comes out that they made adjustments on October 4th, to a few proeprty ledgers  18 months prior (april 2023).Also they  are trying to claim their 10% fee from the security deposits they are holding for me.They’re now claiming I owe them money that wasn’t owed, it’s only showing as owed beciase of the ledger adjustment referred to earlier.This reeks of fraud to me.

That is what I did here when I started investing in 2020.Here is an article with more information on what a house hack is www.rocketmortgage.com/learn/house-hacking

It is also a higher quality contact because you can confirm if you're actually reaching the owner.Mailers take up less of your time (aside from ordering and distributing), cost more, and are more challenging to track.I'd start with calling then add on mailers.Best times may vary but we find that we get the most people on the phone 8am-noon and 3-7pm.