A cookie cutter first deal looks like:Purchase: 65k - 90kRehab: 50k - 75kARV = Project Cost/.7Neighborhood: B or betterRehab type: cosmeticAvg Days on Market in zip code: 30 or lessThat's an example of a very safe deal for a lender to fund for a newbie.For a 0 experience expect to pay 11.5%+ in interest.Keep in mind the cost of a project's lifecycle. 

Time and time again when I tried to cut costs by having a 'handy man' do a contractors job to save an owner money it bites me!

Air restriction was causing my system to freeze and over work.After 3 months the cost of this mat is $400/ month + $300 service charge. 

You can use the cost of the land and the other costs you have already spent toward the down payment, so I suspect you won't have to inject anything else into the deal.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

My thoughts are a nominal increase will not replace the cost of vacancy.  

So I have to find another insurance company which may cost more.

6 updates you can make to your kitchen without renovatingThinking about saying goodbye to your outdated kitchen in favor of a fresh, bright space to entertain friends and cook family meals, but shocked with how much a kitchen remodel actually costs?

Hi,I have found an off-market opportunity in my backyard. great market, sfh, needs midrange rehab, appliances being the most costly, that i can see. 

The cost to join is nominal but well worth it.You might also check out the Best Conference in Salt Lake City starts April 10.LFI has a one day full day LP presentation the day before the Conference on Tuesday April 9.This would be a great place to start your search.Good luck.One word of advice is you come across a deal where the GP is promoting 8% cash on cash 20% IRR, I’d be very skeptical given the current debt market.