That person already had that money spent in their head even before the property is sold

I recognize the importance of having a thorough understanding of the scope of work and associated expenses to make informed investment decisions.Therefore, I am seeking recommendations for experienced contractors or professionals in the area who specialize in property rehabilitation.

Personally if it is a loser for 2 years, then it is a bad deal.

I like the strategy of bringing on a less experienced agent, or someone who just got their license and trained them yourself to cold call.

Similarly, if the property has experienced depreciation due to age or wear and tear, provide evidence of this deterioration.Income and Expense Analysis: Prepare a detailed income and expense analysis to demonstrate the property's financial performance.

Downpayment was through personal savings from my 9 to 5 and remaining financing for purchase and rehab came from hard money lender (Easy Sreet Capital).

You can find loads of online and in-person real estate events where you can meet many wholesalers!

@Rhia MckissicMost states require a lease to identify the owner of a leased property, whether a person, trust, LLC, IRA, etc.Landlord = Lord of the Land = Owner per deedAgent = someone legally representing the ownerProperty Manager = Agent

This would be my first subto deal.Also, I'd appreciate any recommendations for title companies and transaction coordinators experienced with subto deals in Mississippi.Thanks!

But painting the exterior of a house for $500 is very reasonable, at least around here for any person of reasonable skill to paint a house.