Partner Driven financed the E Wildflower Lane deal using its own capital, covering the $270,000 purchase price and $40,000 in renovation costs.

As for cost, my nuclear-powered Duke Energy NC Residential Service (RES) costs $0.11661 per kWh.

Do you know what the reno should really cost, not just agreeing with the GC? 

Operational efficiency is also crucial; optimizing operating expenses and implementing tenant retention strategies, such as lease renewal incentives or adding desirable amenities, can stabilize your cash flow and reduce costs, helping maintain profitability even if rents decrease.Investing in property improvements, such as value-add opportunities and energy-efficient upgrades, can command higher rents and retain property value better than average units.

This condition ensures you’re not locked into your original 30-year loan, efficiently freeing up financial obligations.Following the sale, the promissory note you receive becomes a powerful tool.

The challenge for present day investors is with elevated mortgage rates and record high housing prices, the carrying costs and incentive to invest now can be restrictive. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

It's important to have enough capital for the down payment, closing costs, holding costs, and some cash to start the work.

Considering general scenario 10% for property manager and 3% for realtor and manager say 5% or fixed fee the 1st investor cost is coming to 18% so adding 5-10% on basis of future deals and partnership I can think of 25% - 30 % would still be great deal for 2nd investor." 

If you have any questions, feel free to DM me!