Lot Cost $700k, Build cost $400K exit $2M+ This deal works because the neighborhood is full of solid comps of $2M. $500 per squareMight be partnering with Jory Sandusky's architec on this one.

I totally understand what you mean about investing cash and not wasting it (on cars) or hoarding it (in bank accounts)... and I plan to do just that with the cash; INVEST.thanks 100% for all this information given to me, I really appreciate it and will be putting it all to good use this summer :D

As much as I feel I'm wasting my time doing them, it at least shows the owner I'm earning my pay.Ali Boone Thanks for the nod!

Solid advice!

The first month has been only a 4% response rate. 3 solid leads no deals yet.Any deals from your marketing campaigns?

And, it's a waste of time snooping around without knowing there is a chance of making it a deal.Believe me, I know it's a temptation, but it will work out better if you ask around first.Be prudent, inquire, be professional

and it's written by investors known on BP and the big guy himself Joshua Dorkin, chock full of great information on which to build a solid foundation in REI!

Don't waste the opportunity!

I don't know if you can only claim depreciation for the first 27.5 years of the life of the house, or 27.5 years from when you buy it.Hopefully some of the tax guys will come in here and give you a more solid answer.

I can't comment on your choice of product but here are my experiences.I just finished doing a 16mm engineered flooring install on our SFH rehab.I paid $2.50 sq ft & we installed the 1100 sq ft ourselves.I found it a lot more difficult & frustrating than the solid hardwood install I previously did.