Nobody likes a vacancy/turnover, but it is part of the job.

Use larger construction crews to get the job done quicker and reduce carrying costs.

Challenges - I took a job out of state in Dallas Texas.

I have a full time job and have no other debt.

Best recommendations for QUALITY of work, ability to work within the bid amount, ability to follow a schedule, honesty and character are the basis of any contract.  

I'm planning to turn at least one of the 1/1's into a vacation rental which should earn at least 1200/mo (very conservative estimate, probably higher).Purchase price: 295,000Down payment: 25%, $73,750Loan term: 30 yearsInterest rate: 5.375%P&I: $1238.94/moClosing costs: $2800Gross scheduled income: currently $2650/mo, I'm planning on $3000/mo minimum with STR, so $36,000/yearLess Vacancy/Repairs: 10% = $3600*Gross Operating Income: $32,400Less taxes ($4700 (high estimate)), Insurance ($900), and Water/Sewer ($1800):  $7400Net Operating Income: $25,000Less Debt Service: $14,867Before Tax Cash Flow: $10,133CAP rate: 8.47%COC: 13.24%*yes, I know that's low for Vacancy/Repairs/CapEx, thats because we do our own work and management.  

I started a contracting business doing general contracting with a focus on roofing with a business partner i met at my main job.

Does anyone know anything about ads posted in the craigslist job section advertising, "Real Estate Investing Students Wanted: Local Flippers".

My father in law is a plumber in the area and he is marking up most of the new construction jobs he's doing by at least 20% because he is so busy.

I am in a fortunate position at my day job that allows me to listen to podcasts on the job.