This property manager sends the check with a breakdown of every dollar that they had to spend on the property that month.

We were both raised with a mindset of "if you have it, spend it!".

We were both raised with a mindset of "if you have it, spend it!".

It all works, but you just need to determine what you feel comfortable with spending, how much work you're willing to do, and how long you're willing to wait to get a deal.

Think about the following items A) How much do you want to spend(Can be less than you are eligible to borrow).

Shorten my learning curve, yes we all could get free knowledge online may or may not help so you can spend endless amount of hours & not be ahead but just have knowledge. 3.

I’m on my 3rd flip and I want to make sure that I am spending money on the right details.  

@Kendrick CarterI would suggest following the @the203kway on Instagram.If you plan to spend more than $35k in renovations or there are structural repairs, you will be required to use a 203k HUD consultant - who is a great resource throughout the entire process.In my opinion, building a cohesive team is most important - below is the path I followed:1) 203k HUD consultant > asked for lender referrals 2) 203k Lender > prequal letter provided 3) 203k Agent > had personal 203k experience and completed transactions previously4) Offer Accepted & Under Contract > completed HUD walk thru and scope of work provided 5) 203k Contractor > asked for referrals from everyone, and the one I found was currently working on 203k projects and understood the process I am now just awaiting the contractor quote to finalize the loan commitment process!

You might spend $20k on a garage that might get you $50-75 more rents and add $8k in value to the home.

My usage is down and while I wont fad away .. kind of funny but i just found U tube about 14 months ago.. so I spend a lot of time there these days that would have been on BP..