I like the idea of giving a furniture allowance, but personally I would shy away from picking it out myself for the same reason that you go with neutral colors in a house.

recently i've partnered with a long time colleague that has the influence to pick up any proect nationwide... realistically it takes 4-6 month to move units but with the shortgage of investors going to take 2wice that...I'm looking to partner with investment groups outside of chicago that are serious about real estate investing and can recognize solid RE investments as I only offer them...

Previously, HUD was able to assess fines up to $1.25 million per year against a lender that did not utilize mitigation programs.

Then I made a main column with places for materials from my 4 main suppliers, each of the utility companies, electrician, HVAC, flooring (3 things it's not profitiable or in one case possible for me to do) meals, mileage etc.

Oh and Noobdog...my original profit was about 40k (after ALL costs) I actually had to think about that one too cause I couldn't remember anymore...lol...all I think about anymore is - how to make those doors fit..will that plumber show up on time...did I pick up that permit?...

Take every opportunity to pick his brain.

This could be appealing to buyers who want to exercise the option by being able to pick out their house.Thank!

I located a hard money lender that also utilizes his IRA in this manner, that agreed to loan the IRA a non-recourse loan (eliminating the IRS restrictions) in order to do more properties since I had been funding the purchase and repair 100%.This leads me to my question.

So instead of getting a few hundred dollars a month, you can get a 25% or greater return by using leverage and then utilize your new equity to make down payments on new properties.

I can most likely pick it up for 40-50% of ARV (not sure what repairs are needed), but I have a cash buyer who is hounding me right now for this area.