I estimate 3k for closing, 65 per month for taxes(that came from Zillow), got a quote of 309 per month for insurance, 10% repair and maintenance, 5% for vacancy, and 5% for cap ex.

I'm looking to sink some money into the kitchens and bathrooms to upgrade and wanted to see if anyone can recommend a reliable crew of contractors you've worked with who can meet me that weekend to go over the scope of the project for an estimate.

There are plenty of dated condos in my town that cost between $275-350K which could easily use $100K worth of renovation.

What is the purchase price and rehab cost?

I would much rather pay tax on just the interest income rather than on a distribution of that amount, that I've already previously paid income tax on.But, when getting funding for deals, from either hard money lenders or other lenders, will having that loan on the books create a roadblock that could make getting funding more difficult, potentially costing me deals?

**Financing Risks:** High-interest rates on pre-construction loans can impact your overall return, especially with rising cost of capital.

Local government is landlord friendly and taxes and cost of living are lower.

The cost of entry is low while the cash flow is high.

You also want to hear how they recommend stress-testing deals and their recommended buying criteria; being pushed into a bad deal can cost you a lot of money and grief.

I built high-end custom modular (e.g. stick built in a factory and shipped) for a significantly cheaper cost per sq foot than it would have cost to build with a local builder.