Are you really looking for a way to calculate the ongoing IRR of an active deal, as your post suggests?  

This trend is influenced by the ongoing high interest rates, stricter lending standards from financial institutions, and near-zero rent growth.In my ongoing pursuit of knowledge, I engage in conversations with various individuals in the real estate sphere.

Utilize a centralized platform for maintenance requests, work orders, and vendor management to enhance efficiency.Invest in Training and Development:Equip your team with the necessary skills and knowledge through ongoing training programs.

@Justin Wilmot,Is there any on going charges with your program or any types of membership fees etc, after getting the course?

I would like to site visit once a week if this is on-going, and more often on the finishes stage, it is just for self education.

I plan on going down and checking them out this summer.Keep up the great work, and wishing you continued success with your Tiny Houses.

Get your partners lined up - Realtor, lender, and contractor.Realtor - should not be afraid of the 203k, but doesn't need to be very experienced with themLender - should have verifiable experience with the 203k; does not need to be a "local" lender; HUD has 2 lender databases where you can find the most experienced 203k lendersContractor - needs to have 203k experience or at least 203k education and sufficient financials to afford the start up costs and ongoing expenses on 203k projects; best to use a contractor who has the accreditation as a Certified 203k ContractorThere is a great FAQ for the 203k at 203kContractors.com that actually discuss the recommended steps for a successful 203k. 

By establishing strong ground presence in the Myrtle Beach market, we have become better at sourcing ongoing off-market deals at 30% or more below market value. 3.

I have not flipped a property before, but have my eye on a few and am leaning on going that route. 

As stated, its no right or wrong; just a route I never intend on going.