Anyone googling this will see it basically on the first page..

Investment Info:Single-family residence renovation investment.Purchase price: $45,000Cash invested: $43,650Sale price: $135,000Contributors:Peter VekselmanPartner Driven partnered with Preston Moore on a renovation project in Guntersville, Alabama.

⸻My Biggest Concerns•Hidden electrical scope expansion•Water + foundation compounding issues•Permit delays•Choosing the wrong lead contractor•Underestimating timeline dragIf you could go back to your first heavy project, what would you do differently?

Assuming the ARV is within the ballpark of projections and things don't go as planned, vacancy etc, I guess in a scenario like this we can just sell the house and it would be profitable or not lose money. 

But here’s the part I don’t see enough people follow through on The real win is what you do with the tax savings.One of the strongest next steps is taking those payroll tax savings and fully funding a Roth IRA — then actually running the numbers.When you project consistent Roth contributions over 25 years, the result is eye-opening.In many cases, it ends up far more powerful than what most people expect from Social Security alone.The S-Corp helps you keep more of what you earn.The Roth helps you turn those savings into long-term, tax-free wealth.That’s how smart structure turns into real outcomes — not just lower taxes this year, but better options later in life.Curious — if you’re already saving on FICA with an S-Corp, are you reinvesting those savings intentionally… or letting them disappear into lifestyle creep?

If rent can’t comfortably cover mortgage, HOA, taxes, insurance, and some repair cushion, you’re subsidizing the property while also taking on the risk of future fee increases or assessments.Also look at the HOA’s financial health — reserves, upcoming projects, and assessment history matter more than online value estimates right now.If the numbers don’t make sense and fees keep trending up, that’s a structural issue, not just a temporary market dip.

HO8 or DP1 (residential policies) operate on a basic coverage premise.

The other big one is when a project runs long and the holding costs and reserves start getting tight, then everything turns into a scramble.

The biggest risk with flips is not the work itself, it is buying wrong, underestimating repairs or running out of cash before the project is done.

When I look at listings across upstate NY, I don't see anything that cash flows with 60-75% debt financing. If I wanted to purchase a $1-2M strip mall property for example, and finance 60-75% there would be substantia...