They probably have no clue what kind of "flips" you are attempting, therefore are out of line and owe you an apology!

I plan on being very active on the this forum as I am sure I will be running into many questions, so I apologize in advance!

Again, I apologize for such a delayed response

@Brian Eastman @Todd Tinker My apologies I was thinking the other way around.

I apologize!

I apologize about the long response times for a newb.

I've done a bit of digging but wasn't able to find an answer - apologies if this has been covered.If a home insurance policy lapses for more than 30-days, will it be a challenge getting a new policy after we complete a significant remodel (about 6-8 months)I purchase a fixer upper about a year ago and insured it immediately.

Apologies that it was not clear.The $10k for plumbing is a guess.

Here is what that statement should have said: That said, other than perhaps Bob Bowling, nobody here is going to fault you for factoring it into the NOI calculation, and for most people's needs, capex is something you're going to want to factor into your NOI.Again, I apologize for my mistake.For the record, this thread is about how to calculate return metrics, not about accounting principals and methodology.

I am new here so I apologize for the incomplete profile.