Mortgage approved, Inspections came back great, closing money down...One problem though: The appraisal for my property came in 19k below the price I signed up for.

If you’re just saying the survey cost of getting the existing building layout documented is too much, you might be able to get creative and avoid the costs, but it’s not a great bet to make. 

I always tell people to be cautious to make the jump, especially depending on experience as many in real estate made money last few years because of economy not because of management.

The deal fell apart, and not only did we lose the $5,000 assignment fee, but we also lost the $5,000 we had loaned to the sellers, who admitted they knew about the second loan but never disclosed it to us.When we asked the sellers to return the money, they told us it was already spent on Christmas presents and moving expenses, with no intention of repaying us.This experience was a painful wake-up call.

If I pull up my market in AirDNA, and scroll down in the comps to find my actual house, the revenue it says I'm making is not very accurate compared to the revenue I'm actually making. 

I’m also going to make a blanket statement for every lender and investor out there who isn’t quite understanding of the lenders and work they do.

@Yusef PresleyI would avoid paying contractors hourly and make sure there is a construction draw schedule in the contract that clearly outlines when funds will be dispersed to the contractor throughout the project instead of one lump sum payment.

One of the things that make "Agency" guidelines good is that they are standardized across all states so you will not find many differences in Conventional, FHA, VA, or USDA loans. 

Is it the repair is to fix the it and make it functioning, and replacement is to improve and add more value to it? 

I just want to make sure I am not way in over my head.