One of the biggest turnover expenses I see today is replacing carpeting.

I think the biggest lesson was that we should have contracted out almost everything.

With this being the biggest deal that I've participated in so far, I am very nervous about the possibility of disaster.

First of all why would you want to own that bldg’ the biggest target in the world?

Of course, the biggest variables, vacancy and maintenance, cannot really be predicted with any accuracy until one has owned the property for a few years, or has a similar property nearby to gauge by.  

I went with Mass Mutual which is one of the biggest companies out there (around $500 billion in assets).

I don't think you're crazy for wanting to get into real estate.My biggest advice is to never stop educating yourself, learn as much as you can, but most importantly don't be scared of pulling the trigger.

If the market does crash, I'll be going on the biggest buying spree of my RE career. :)

[I typed in a long response while my son was preparing for bed and BP choked when I hit submit ... the "saved draft" feature did not seem to work either ... ohhh @Joshua Dorkin]  @Amit M.The biggest cost we experienced with the commercial machines was having the coin acceptor / card readers serviced/adjusted.  

Now that you've completed this flip,would you buy another house in the west end and what was your biggest challenge with this flip?