I started a construction co before REI so I know how to do this accurately since I thought it is a skill I had to have first.

There are variables that prevent us from giving you a very accurate answer, such as finishes, your city requirements, and local skilled labor costs.

(great, a new excuse I haven't heard before)...she says it made her create an account and it will take a few days for it to be approved, etc. .Well, I know this tenant's computer skills well, she has good skills, sends me emails about pictures of bugs in the house, etc, even "strange noises" that she records and sends me them also.Anyway, I go into my paypal account to look things over and see a red flag with no explanation on my pending invoice to her.

As for the porch, we'll have to put in a window for purely aesthetic reasons, but obviously it won't be functional, as the closet/stairs will be directly behind it.We're open to suggestions, but this may just have to be a remnant of our design that we'll need to live with...

EDIT: D'Oh, I need to improve my comprehension skills.

Option 1.Buy a 2 family (in pretty good shape) for $345,000 (will be appraised at around $375,000) in a great town with excellent schools and a great neighborhood, rent the bottom unit out (1200/mo) and pay the difference (which is a little less than I am currently paying in rent)or Buy a foreclosed single family home that needs a lot of work, mostly aesthetics, nothing major (I run a contracting business on the side, so labor is pretty cheap for me)for $300,000, which will most likely be around the upper $400Ks-low $500Ks when I'm done with it.

My last 2 appointments, something interesting has happened, and I'm interested to see what negotiation skills people use to work around the issue.The #1 thing that has happened to me both times that they would accept my offer, IF buyer (end buyer) would pay all closing costs.

I will be bothering all of you if I have any questions, lol.Also my social skills aren't that great so if any errors in grammar or any confusion, let me know please.

Be cautious about getting bogged down with rentals and tenants at this stage.And wholesaling could be very productive for you, as your skill set and credibility will put you ahead of many others.

After getting my MBA from NYU with specializations in Finance and Real Estate, I went to work for for a real estate private equity firm in the New York City area, where I managed $25M in assets and performed due diligence and financial analysis for potential acquisitions.Now that we are in the Denver area, I am using all of my "nerdy" spreadsheet and acquisitions skills to help private investors who don't have their own acquisitions departments!