I put 20% down and put a good amount towards the rehab cost.

The seller wants $500,000 down the operating cost on the property runabout $8500 and the seller wants a $9000 payment each month.

This strategy allows you to spread out the lead removal costs a bit perhaps not having to remove Lead from two out of three units, and only removing it from the unit where you happen to accept a tenant that has children.  

With $50K, that would be a purchase price of about $250,000 not including closing costs and repairs.

A current goal, would look more like “Save x amount for DP and closing costs for first property.”

This is n spite of it costing much more than that to add an ADU. 

Taking over his already paid down loan at 3.5% for 28 years saves a ton of money and no bank qualifying or lender costs.

Hi all, Do you know any free or low cost app for property management that has a daily late fee charge options?

Also its a small home which still have high maintenance costs.

You'll want to be in markets where deals beginning to end cost 20k - 25k for maybe a 4 - 6 month project close to close.