That is a good way to see the quality of their work and probe how much stuff is costing. 3) Based on your funds available start to put together your "buy box" - target location and price range4) Building a team: real estate agent, contractor, mentorHope that helps, feel free to reach out if you have more questions. 

Hernandez sign and return to me at your earliest convenience.

A lot also depends on how much meat do you think is on the bone to structure the partnership on a specific flip.

That doesn't really drive me at all.

It put me at about 58% debt to income ratio, but my lender was able to allow that.

Basically it doesn’t have much value to me at this point in time.

If you're interested in selling, please call or text me at xxx-xxx-xxxx. 

Based on your post and the Redfin listing, there's no meat on bone after reno much less the other costs.

If I 1031 the property and put the $378,000 (-5.5% for real estate sales fee) as a down payment on a $1,500.000 apartment building that can give me at least a $2,200 return, I would still get the same income but  have a larger worth in the future.Another thought is I  can also park a few houses at once every year in the Starker delay 1031 and put more money down on an apartment building to get a decent return to live off of.

While I'm not matching your numbers exactly, I feel like I'm close enough to be comfortable with the outcome (even with your 8% Vacancy example which left me at a $812,059 Purchase Price).Charley, That's a really interesting concept!