I need some clarification on the 1% rule for value add buy and holds.Is the 1% a percentage of the purchase price of the property or of the total costs involved e.g the purchase and rehab?

I was a little apprehensive about posting but I want to get involved in the discussions and start interacting with people that have successfully pulled off what I'm looking to accomplish.

If they host an event, get more people to come and/or get involved and help run it.

There are a lot of issues involved, and it is not a good idea for brand newbies.

I hope someone can confirm or deny that for you.

There's also the cost involved in moving, storing, and then putting it all back the way it was when it started. 

I've always had an affinity for real estate and have always wanted to be involved with it somehow.

Not sure what type of investing you’re into, but Joe Fairless and Theo Hicks’ book Best Ever Apartment Syndication book is obviously geared toward syndications, but I still found tremendous tangible and actionable knowledge in it even though I’m only involved in smaller multi-family properties at the moment.Cheers,Brian

Most hard money lenders are in it because there are generally higher return rates involved and they are trying to leverage their money as much as possible.

From what I know she is very hands on and involved and is probably managing her contractors very well.