"The Book on Estimating Rehab Costs" by J Scott is an insightful resource to help get started. 

They offered some decent closing incentives such as 1% back at closing table and 6% property mgmt for a year, 1 year warranty, and i THOUGHT rent assurance for 1 year (found out later they'd changed to 3 months only). 

Jerome speaks tomorrow so that should be insightful. 

I've house hacked twice in Reno, NV and it's changed my life.

I am watching him because he has some great insights and his failures will keep me from making those same mistakes.I'm doing my first STR in North Phoenix (Near Scottsdale) in a $725,000 5 bed 3 bath full house with pool that I bought and I'm using high end design, so my experience will be totally different than his.

Why, partly because of cost and partly because I felt like I needed a change to the site.

If your return on equity is still higher than what you would get in other properties you should hold on to it until that changes.

Yes turnkey means the GC handles everything from permit to CO and gives you a turn key guaranteed price that does not change unless you make changes.Also some GC have stock plans or do design in house which will save you on design fees.

They don't comply I would review your contract and prepare to make a change.

As many of you are likely aware, this settlement is poised to bring some significant changes to how real estate transactions, especially regarding agent commissions and MLS listings, are conducted.Here's a quick rundown of the key components: Transparency in Agent Compensation: One of the major shifts will be the removal of agent commission info from MLS listings.