The scrap isn't a big deal if you're doing one house at a time and don't have the tools to deal with the scrap (IE: Hands and a trailer).

Detailed itemized written estimates are all part of the contractors marketing plan and tools to land the job.

In order to be successful, it's best to try to cater things to your personality.

All these tools to some extent exist on many software systems, but the tools aren't as robust.  

Great tool Brian!!

We have a 9-bdrm student rooming house which caters to international students.

Yes, Texas is what they call a right to work state, so any person with a truck and tools can be a contractor.

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If I can flip a home using my own hands and tools, and can evaluate people professionally for court and other high stakes matters, I can be a decent landlord.Sell House scenario:House sells for 550K (worst case), 30K to realtors, pay off 295K mortgage = 225K cash in hand.At a 5% return, 225k generates 628 after 33% taxation.$2200 rent - 628 = 1571/mo cost of livingAt a 4% return (worst case?)