@Shelly DorisAn independent appraisal is not a item that needs to be disclosed in any state I have ever done business in.

Podio is very customizable so it serves as the "central hub" or "interface" and creates the relationships between items.

What I run into quite often, even though we tell our clients not to, is that during their loan process they will go buy/lease a car or some other high balance item and go over their debt to income limit.If you lease a car before you apply for a home loan and it shows on the credit, and your are approved with that debt you are fine.

By finding these items, I also knew that this would eliminate many buyers using FHA loans.

There are items that are more labor intensive like painting, but on larger rehabs they typically work out to be about the same.

Those are the really big ticket items.

@Benjamin Shaw another item to consider is that the rent for a renovated $160 property is much higher than for an unrenovated $100 property; so, you have that additional rent to cover the additional mortgage.  

Def one of the most important items on a BRRRR is the ARV.

Oh and last Thursday they talked to my contractor, who they had spend several hours working on an itemized list of what needs to be rehabbed and what the costs are. 

Here's the key info ...The items mentioned are eligible for non-inclusion if they fail to meet the four key FRCA requirements, especially the requirement that each item reported MUST be accurate and complete.Here's the quote ...