By the end of 2 years, I could save 50-60k for a down payment, closing costs, and reserves. 

But in reality, holding on too tightly limits growth, causes burnout, and actually costs you money.Why Letting Go Helps Your Bottom Line✅ Frees Up Your Time – Instead of handling every single tenant issue, you can focus on strategy, acquisitions, and big-picture decisions.✅ Allows Specialists to Do Their Jobs – A leasing agent will lease faster than an investor juggling 10 different tasks.

It is going to cost more than you expect, and you'll have that "Oh, crap!

I am not familiar with any HML on a fix and flip that would not want an appraisal as well as an estimate of costs.

Of course, I had to make additional assumptions about the cost of property taxes, insurance etc. 

Luckily I have a local team that is incredible at responding and was able to replace the blower motor at a nominal cost.

If you haven't already, read "The Book on Estimating Rehab Costs" by J.

You need the backup option in case the mid-term rental market changes.Minimizing turn costs and downtime is critical.

Pictures, pictures, pictures, especially in morning light.Indoor staging needn't be costly.

You have to include the cost of your time and the work, especially on a "scary house" is daunting indeed.