Sure you're going to make mistakes, that's inevitable, but before long I bet a few family members are pulling you aside after Thanksgiving dinner to quietly ask about your "risky" investments and how they can get involved.

The appraisal came back within $7K from my ARV estimate and I thought I was set. 

Im about to Quit Claim Deed the two rental properties I have acquired as an aside to my "flipping" activities from my own name, to my LLC. 

Please feel free to message me and maybe we can set up a call. 

Set up your key words and include "Raleigh." 

Let's start with setting market rent: If you are a tenant, how do you determine what a property is worth to you?

My first one i was in a basement type setting i thought i was going to be in a fancy hotel before i got there the guy i was in contact with misguided me the directions so i was already off to a bad start, then i told him what i wanted to get into and i said wholesaling and flipping but this event all they spoke about was a lot of the legal stuff and how to get loans and use other peoples money no money no credit never explained much else, so i didn't really find anything out of that.

As a side note, I would be managing this property myself and not running it through a PM.

an HVAC contractor bid and tried to price two single units (at twice the installation cost of one)    The way I am going to set up mine with a single outside unit with two interior units (dual zone)

@Lexi Teifke - As always, the theory like the theory, but in practice is what counts.The internal rate of return hurts my brain just to read the definition, never mind calculating it: internal rate of return on an investment or project is the "annualized effective compounded return rate" or rate of return that sets the net present value of all cash flows (both positive and negative) from the investment equal to zero.