row=19 If you're talking about rentals that are within a block of the beach, I'd expect pretty low CAP rates, but otherwise 5% seems pretty crazy to me for a "normal" MFR!

Does your purchase agreement with the seller include just normal closing costs?

It's worked and I don't have to put in any effort past the normal due diligence, so it's great.

I've seen "kitchens" that would normally be a closet.

Why own a huge TV if you have to spend most of your waking hours working to afford the TV?

Is that normal?

Driving around now, it is clear that it was the ideal time as things are back to normal.

As a supplement to my normal income and a buffer if I lose my job.I believe I can handle managing that many(may be wrong)At what point do you think self management becomes tough, if you are trying to work a normal 40 hr a week job?

Normally I fund a flip one of two ways:Purchase the property using a HML, and rehab using my own funds,OR,Purchase the property and borrow the rehab funds all in one loan from my HM lender.Obviously using my own funds on the rehab is ideal, saving me 20% on the rehab, but I find myself lately with more than one project going and can afford to use loaned money, reserving my own cash for the inevitable emergency, or in the case these days, for another opportunity.When I fund the project 100% on a HM loan, I'm usually under 65% ARV for the total loan, and at 15-20% financing.

I don't think I will be able to make any more money than normal but I will be able to save a boat load of money by not having to commute to work or buy food.