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What would the return on investment of a home be; given your down payment (your investment), the expenses of owning the home and the anticipated appreciation.

Also, do you think the other neighborhoods you anticipated (Bates-Hendricks, Windsor Place, Highland Park, St.

First, this is the area that I anticipate will see the highest rate of appreciation in the coming year.

If so, ask them for referrals.Also, depending on how much income you anticipate making from your real estate agent activities, it might behoove you to elect S corp status for your PLLC or PC. 

I'm also trying to structure my bids in a way that give me quite a bit of flexibility to anticipate budget and time overruns, plus having my own person funds if necessary to get the project to the finish line. 

Now that's totally awesome assuming you have the cash flow to service the debt and that your profits are not eaten up by high interest rates, AND we all know that everything cost more and takes longer than what we originally anticipated.

I would anticipate it getting wet.

Therefore, I can relate your anticipation of waiting and not hearing back from the realtor.   

No home run given the reno costs anticipated to be north of 40k.