I've thought about starting a progress thread, but I don't want to just add to the noise and detract from the quality posts of the seasoned experts.

I am approaching REI with a long term perspective and assuming I'm successful enough at it and enjoy it enough to progress, I'd eventually like to amass a large enough portfolio to make managing and developing it a full time endeavor.

Marie Poe suggested is what i was thinking once this convo started progressing however my mom works part time and i do no know if she has the income to get the loan.

Does your county assessor assess value at purchase price or ARV?

Your first stop should be your local tax assessment website to get the owner name.

I'm about $40k under assessment at this point.

However, it is not an accurate assessment to say financial advisors won't advise client to take money out of their IRA if it is a RMD.

I am aware that a major focus in doing rehabs and flips is to accurately assess the repair costs that are needed to rehab the property.In doing research, I have come across referrals to use the Craftsman Costbooks, but they have 3 options to choose from:• National Construction Estimator Costbook• National Home Improvement Estimator Costbook• National Renovation and Insurance Repair EstimatorDoes anyone know which of these 3 would be most beneficial, or should I consider purchasing all 3 versions?

Jeff Bridges you are pretty close in their assessment.

Have you made any progress on this?