It paid dividends for me on one of my buy and hold properties, as I reduced the purchase price $5k, had them pay all closing costs, waited 3 months for them to certifiably mitigate the unit and pay for all carpet replacement.  

The rest of the rehab and estimates look to be on track since we reduced costs by acquiring and pricing out all of the interior materials ourselves (e.g. granite countertop w/ undermount sink, vanity, cabinets, fixtures, etc.) so all we are really concerned about is labor and we have some wiggle room with that.$28K is all Exterior (Siding, Roof, Light Landscaping) and Interior (Kitchen, Bath, Light Drywall, Minor Plumbing Repairs, Paint, Trim) but this number is bumped up a few K like I mentioned earlier.Right now this is part-time but we are working to make this a full-time endeavor and should do so within a year assuming the market doesn't nose dive like it did in 2007/2008.

Purchase price: $74,900 Cash invested: $10,000 Sale price: $185,000 Bought, live-in renovated, refinanced to buy another property, moved out and rented to tenant for $1,000/ month (cheaper rent with tenant making renovations for reduced rent) rented last year owned for $1600/month - cash flow positive even at $1,000/month.

So if they cover exterior including roof you should be able to reduce your CAPEX by a percent or two).One last note on calculating your CoC return.

So water systems require greater backflow protection for these entities - generally double-check valves (two check valves in series) or reduced pressure zone devices (kind of like a double-check but has test & dump ports, for simplicity sake).

Personally, it's a means for some near-term tax-free (or reduced) cash-flow, in 15 years it will easily pay for my kids college, and be an income replacement in retirement or allow early retirement.  

In addition, the use of an LLC in conjunction with an SDIRA can streamline the transaction process and reduce the costs associated with using and SDIRA to invest.Factors that impact the cost are state fees associated with LLC formation and maintenance.

Try to reduce expenses, pay down, debt, etc. so you can live on your salary alone.

In our case, when our task was to eliminate or substantially reduce in-person and by-mail rent payments, we allocated resources (ended up being me mostly) and focused on making the transition as easy for the tenants as possible.

sick deal, the heli is best option to get to job site. id get more anxiety watching the pilot get close to me with the blades.