At the same time, you are doing much better than most and although you don't have great cash flow they are not eating your lunch either.

--We'd prefer the property be passive and property managed...while this certainly eats into profit (I've already budgeted this into the calcs outlined above), this has worked quite well at our other VR, but we have a great PM.  

So the lender is going to eat the interest when the wire came in on 9/12?  

It's probably unreasonable to expect the seller to eat the costs of the thing extending out, but let you eat the profits.

They want people that eat,breathe, and sleep that asset class.The broker/agent inexperience combined with overseas buyers that are not familiar with the areas creates a high barrier to entry for getting your offer accepted.Sellers would want to see proof of funds that the money is here and not overseas.

You're going to have exterminators, plumbers, HVAC, electricians visit your home from time to time and they expect to eat!  

have laundry room on each floor and eating area and set of rules in kitchen area. met a lot of travelers who stay at hostels and they have setup like that. there was one where they had a weekly dinner and had to contribute towards food prep and cooking to keep cost down and for laundry they had washer/dryers. 

Both my wife and I read (and podcast) a lot and are currently eating up everything we can get our hands on.

As a contractor I always prefer a full gut but it does eat away the rehab cost and takes longer but no stress about plumbing, leaks, electric, lead paint and etc in the future.The patch up would cost less, fast timing, but then you are gambling with what's behind the wall and hoping nothing happens in the future.I assume most house that are purchase for BRRRR purpose are in distress/bad condition and old on some occasion.What rehab number would you go for?

I have a hard time selling it , and it sits on the Market for months on end, and I end up eating the Bill.I understand that I can Rent it out , but I'm using Private $ , so the Backer will of course won't their$ back + the $ we agree upon once it sells.But if I can't sell it , then i'm stuckAny and all insight , tips and advice is much appreciated