I intended to put granite countertops, backsplash, ceramic tile as needed (which was the kitchen and main bath) and finish the hardwood floors hidden under the carpet.

If the contractors who do this type of work in your area are not available during the existing inspection period, your should instruct your agent to negotiate with the seller to allow you more time for due diligence.

laminate flooring is easy to lay with good installation instruction.

@Shannon IlasThey also charge booking fees, damage waiver fees and add extra for cleaning fee if you add those extra “hidden” fees it’s more like 45-50 % commission go try to book your place and add up the total cost.

Milwaukee is a hidden gem - couldnt get over all the investment.  

>Tenant Procurement/Placement – could be percent of monthly rent or a flat feePictures, 3D Tours, etcAdvertising prep and determining market rentProperty advertisingAnswering inquiries (phone/text/emails/etc)Scheduling showingsShowingsApplication processingLease signings and MoveInsFollowing up on all of the above, hopefully consistently updating owners>Maintenance ChargesCommon: owner agrees in contract that PMC can perform work without owner approval up to a certain threshold (Example $500) or in an emergency.Questionable: owner doesn’t find out about charges below threshold until they get their monthly statement.Hourly – PMC bills at hourly rate depending on type of ServiceTech sentEXAMPLE: Owner billed at $65/hour for handyman workMarkup is hidden in that rate as highly unlikely PMC is paying their handyman the whole $65/hour.PMC or a subsidiary billing – PMC submits bill from their companyEXAMPLE: Owner receives a bill for licensed HVAC work on PMC form.Owner does not get the licensed mechanical contractor bill, so has no idea of PMC hidden markupTransparent – original bills from all contractors sent to owner, PMC charges a pre-approved markup for their time to handle.EXAMPLE: Owner receives a bill for licensed HVAC work on contractor’s form.Only challenge is some PMC’s get illegal kickbacks from contractors owners don’t seeThere are then many different IF -> THEN fees to cover evictions, emergencies, filing insurance claims, etc.WARNING: never assume you won’t be charged for something unless it states so in the management contract!

I'd definitely make sure there are not any hidden fees involved.

My search for how-to guides and DIY instructions brought me to the BiggerPockets Podcast, which has in turn lead me here.

I wholesale as one of my strategies and most of the houses I get under contract are such as that Realtors won't touch them.Banks and mortgage companies sell ( wholesale) mortgages all the time and the phony ethics police are silently hidden in the tall grass and then crawl out from under their rocks when it comes to wholesaling.One of the specious arguments that the ethics police assert is that if the wholesaler can't find a cash buyer they can't purchase the house.

All parties sign the amended escrow instructions or the amended contract or everyone is "out of contract".