We’ve also acquired a three 3 family houses and used the cashflow to pay for a second home all while working my full time day job for the last 18 years.

You need humans involved in the equation to get the more accurate picture.3) The book talks about buying a property for 20% discount, and by adding 5% it should appreciate by 10% in 1 yr.

Got a Rancher Single family home that is in a good neighborhood, has a large backyard, that is full of potential.

Banks will still require a human to review and sign off on values

I'm definitely learning as much as I humanly can right now, reading books, listening to podcasts and audiobooks, watching videos and webinars and even taking the real estate agent class.

I offered full price split closing.

My wife has a full time job that pays roughly $50k but I’m the stay at home dad who’s homeschooling our kids.

I’ve also been in touch with a company called Maintence supply headquarters, that provided me a very reasonable turnkey materials quote for each unit that included everything from door hinges to full appliance package.

We did allow painting but were specific about where (NOT in this location) and how much (she totally killed that budget and expected full payment!!!).

In this case, where you don't sound like you're doing a full rehab and you'll have a full mortgage, I would probably do 20k or more.