DFW home prices have been sliding past two months so I'd bake that into your exit numbers.

This would be fine if some appreciation was a reasonable expectation, but I think we have a decent chance at very flat appreciation given how wild the last 2 years were.And of course that would not be especially concerning if I intended to stay longer term but I think there is a good chance I end up moving in the next 2-3 years, and I would want to convert to a full rental at that point.

For example: #2 above was a 2-flat in disrepair sitting on a lot that was zoned for much more residential (and commercial) units.

They typically take a flat % commission of revenue.

I would bake it into the rent.

Also consider whether you are going to charge the tenant a flat rate and then bill them extra for their portion of insurance, taxes, common area maintenance, etc. or if you will just charge them one higher fixed rent.

Are there any agencies geared towards LCB licensees with low commissions or flat fees?

I am using a conventional renovation loan.Given these numbers I’m estimating 65k profit BEFORE seller fees, I’m also considering living in the house if house prices don’t hold up.Given that we are in an environment where house prices are almost certain to fall or stay flat and the amount of time and energy requirements of a renovation I’m wondering if this deal even makes sense, my biggest concerns are having to put this house on the market early next spring amid declining housing prices and taking a loss - or even worse not being able to sell and carrying a $3500 monthly mortgage payment (my W2 earns me 140k a year but I’m providing for a wife and two kids).

So you're not going to look a borrower's credit score, but you're going to consider other factors such as a history of on-time payments, which is already baked into a person's credit score?

I pay a flat $300 per year on one, nothing on the other, No tax returns, no reporting to the IRS on the Solo401k due to assets under 250k in it.