If it's a bigger job ask for an itemized estimate, and have a penalty for not completing on time except for weather conditions.

The kind of property and price tag that I am looking for, includingrepairs and renovation would be rehabbed SFR's of under 70.000$, built after 1995, in A, B or B- areas.

I've not thought about packing the trailers so tightly, but I guess it would be 0.1 acres per trailer which would be similar to a zero lot line for a stick built - so not unreasonable.

On the first spec I built here in St.

The benefits do not outweigh the risks to me.If they sue you and go to court the money you gained will be wiped out in court costs and then some along with a bunch of time wasted.Also you will have a hard time proving the items belong to the tenant.They could have a loan on them,be borrowed from a friend,or other people staying there not on the lease could say it belongs to them.This happens in judgements too.You get a judgement and before garnishment you have the defendant fill out an interogattory questionaire from the court.Do you think people are going to list a 2,000 tv when they know you are after it??

Here in WA I have an old cinder block buiding built around 1954 and county appraiser has it valued over a million dollars.

The subdivision is a newer development w/ new houses still being built for $300K, give or take $10-20K for size/features.I would imagine the neighbors who live on this cul-de-sac would like to see this house fixed up; the neighbors in the development would want this house repaired for property value/affect on sales.Who would I talk to about this house?

We plan to put a 4th bedroom downstairs but due to the way the main plumbing stack exits the home, we can not install a bathroom.I have never built into our flips a rental apt.

I literally walked to his house one day.If he had been into real estate, he probably would have built a smart house -- something similar to the "smart dorm" build by the Berkeley kid.One of things I would like to see is an app that shuts off all electricity/appliances at night, and when no one else is home.

I want to check where my head is at after owning 6 properties and putting over 100 offers in over the past year.1,100 sq ft 3/1 house in a nice neighborhood built in 1960Purchase price: $42,000Borrow $35,000 @ 5.5% 15y$3,000 for clean up and repairs$10,000 cash investmentProformaRent $900 a month = $10,800 a yearMortgage $286 a month = $3,432 a yearTaxes $100 a month =$1,200 a yearInsurance $100 a month = $1,200 a yearI know there is unexpected vacancy costs, maintenance costs, lawyer costs etc...