Everything else is paid at closing. 

A day before the redemption period was up, we paid the $1,123.34 tax debt and fees and bought the property from the seller for $500.

The land is owned and paid off, budgets are dialed, bids are in, etc.

Typically they need to do one or two deals a month just to breakeven from their marketing expenses.

I feel like I’m in the perfect position to start investing my money into real estate instead of stocks because it seems like the ROI with stocks is lower than with real estate.I’m close with my brothers and we’re all working and still living with our parents, so we don’t have much expenses.

It's more expensive than our current house.

With luck, that fee may already be paid and this part of the planning included.

I did that to purchase my parents house which is my 1st rental and I paid 0 of of pocket.

Add up expenses from Day 1 of the build and see how long it would take to recoup that dollar amount with your projected NET profit - meaning after all expenses.... ie you charge $150 a night but after cleaning/supplies/ fees, you make a net $80.

As a part of the acquisition, all my stock options were accelerated and paid out as cash through payroll.