I have listened to hundreds of BP podcast and read as much as could in the past year.

A few years ago when I got started working with another investor we would do this all the time reviewing hundreds of properties, and comparing our rehab and ARV numbers until we both understood and were comfortable with how we came up with our numbers, and what those numbers were.

Upfront cash - $20,000 [For this I just pumped up my savings rate when I discovered BP and FI back in late 2017, and i took a loan from my 401k at work]Projected rehab budget - $50,000 (Low end) - $ 70,000 (high end) [This I'm putting all on Credit Cards that I've opened with 12 months of 0% interest rate, and hopefully I refinance in 6-8 months]Estimated ARV - $350,000 (I think I am being conservative..)Estimated Refinance - (0.75*350,000) = $262,500So I don’t know if it will be a “Perfect BRRRR” but I’m learning so much and we are still so early in the process.Projected Rent while HH – $550 (bed 1) + $750 (bed 2 + private bath) = $1,250So I’m only out of pocket a couple hundred if you include utilities.Estimated new PITI - $1,650Estimated Rent after HH - $1,250 (upstairs beds) + $600 = $1,850So Not a huge spread but since this is a BRRRR and I’m doing a bunch of capital improvements on the front end, and I think I’m being pretty conservative on the rent estimates, and this is a fantastic location: I’m happy to hold it through another cycle.

I bought a used Toyota truck with low mileage, they hold their value extremely well, run for several hundred thousand miles, and essentially require zero maintenance.

A week ago it was a few hundred.

Those properties have a hundred showings in a week and more offers than they can handle. 

I had the option to do a portfolio loan, but the rates weren't that attractive to me.Also, it's quite a thing to be able to close within a week on a house with just a few hundred bucks in fees....

Maybe you're looking at a couple of hundred dollars. 

In my area, foundation companies will come out for free and structural engineers will come out for a few hundred dollars.

Together, with cosigning with his wife, she and I closed on a hundred year old house on Halloween of that same year for $145,000 with no down payment.