,My stable consists of:1982 Mercedes-Benz 300D Turbodiesel - 27mpg regularly, few repairs, 192k miles, low insurance1998 Mercury Mountaineer, 16mpg, reliable so far. 130k miles2001 Mercedes-Benz E320 21mpg, reliable, 115k miles.My personal favorite is the 82; my costs are so low and it keeps me from speeding.

It's the idea of Buy - Rehab - Rent - *Refinance* - Repeat.Selling your property would be a taxable event, too. 

Then have a Roofing contractor go out to the property and tell you how much it will cost to fix the problem.

Does cash invested mean rehab dollars?

We're funding deals with as little as title costs/insurance to close for experienced borrowers.

Some cosmetic rehab was needed.

This is the first time I'm working on a rehab that's more than just cosmetic.

What if the $2,600 sewer repair actually should have cost $4,300?

One owner is looking to exit to middle to high sevens on yield on cost.Cap exits are high 5’s, low 6’s for some Class A product.Turnover cost projections should escalate: $500 first year, $850 second year, $1000 third year.Consolidation and density of BFR assets can be an issue for insurance companies.

The second tenant stopped paying and it took me 4 months to get them evicted and more turnaround cost.