My current list of education items I am researching are: 1) specifics of asset protection for this style of property.

If she is insistent on the changes though, you can do one of two things. 1) She can split the cost on mutually agreed items with you. 2) items you don’t agree to split but agree can be changed, she can pay for herself, but the changes will remain after she leaves, and any negative changes or repairs that need to come from her changes will be taken out of her damage deposit.

If you would like more info, please let me know.For sure shoot me an email with some details please.

I'm assessing a HUD property (my first investment prop) and am trying narrow my estimate on the cost of rehab on a house.I was able to pull up a PCR on the property (a brick ranch) and here are some key things:Cooling/AC - DamagedHeating/Furnace - DamagedHVAC Duct - DamagedPlumbing: - Sink: Damaged - Pressure Test: FailThe property is a 1,500 sq ft ranch home that seems like a good opportunity provided I don't overshoot the cost of these items.

I was wondering if there was an area on bigger pockets for people either with those skills or people who are  looking for blueprints for a remodel or other items that may go along with renovation/newer construction work that could be involved in real estate investing?

He had a bandit sign that read "leak repair $150.00", so I estimated total repair of 4 items would be $600, but his bid is for $1,000.00B) Contractor B bid $700 to fix 2 leaks, replacing 10 feet of plank wood 2 pieces, replace shingles (no plastic cement).

If you do make offers based on that limited info, do you adjust your offer if, after looking at more detailed info like p&l and tax returns, the numbers are worse than anticipated?

(this assumes all the member was active and had a 33% interest in the LLC).Each member will then report the K-1 on his/her tax return where he would add the $10,000 to the $100,000 of income from their full time job.the member's would pay income tax on roughly $110,000 less deductions, itemized deductions, exemptions.The members would also pay self-employment tax on $10,000.Let me know if you have any other tax question.

Do you have specific items you are questioning?

@David Roque has great advice about the IRR and PM line item.