There is no one way and it depends also on how you choose to operate your business.Monthly rent...dependant on property, market drivenUtilities....specific to property and marketsinternet, cable....market drivenTenant or landlord costs.. market and landlord choice

Sense I was 14 I’ve wanted to flip houses, I’ve worked in carpentry, painting, I can do minor electrical and plumbing, I’m currently working 2 jobs one in HVAC and one in chimney sweeping and chimney repair.

Specifically, a more accurate estimation of the cost to finish the property.End plan:5 Units total(x4) One bedroom efficiencies with garage(x1) Two bedroom/Two Bath with four car garageRepairs/Construction Needed:- Complete two bedroom unit already in progress- Build out the four one bedroom units- Pour concrete driveway and lot while leaving the front yard area- Exterior paint and landscapingThank you in advance for any input!

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

@Mindy Jensen it was on a Denver News station too and posted in the Choose FI

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

The condition of the kitchen and bathrooms, outside concrete work and the condition of a possible front porch, exterior brick or siding repairs, is the exterior landscaping OK, closet space, any drywall repairs or painting.

These cities are within Dallas County, within minutes of downtown and have several nice neighborhoods to choose from. 

Sorry for the long post, I wanted to paint the exact picture to get the best information possible…

In further exploring this route though, the mortgage officer I’m working with mentioned that while they may be able to refi up to 90% (or maybe even all) of the balance I have borrowed from hml, if I instead choose to acquire the property with my own cash (no hml), then the max amount they are able to cash out (refi) to me is 75% of property value.Can anyone explain to me why this is?