For those, all I do is delete a "projected" value from a row and maybe update the date if it didn't occur when I expected it.

Hi @Joshua Rodriguez, I haven’t done a flip on my own, but I have invested in flip projects  through my club, and from watching the operators and going through the vetting process, I’ve learned a lot about what matters in evaluating deals.

I typically would not invest in active RE for $1k/month projected.  

Real estate crowdfunding is a method of raising capital where multiple investors pool their money through an online platform to fund a real estate project.

I toured a lot of properties before buying my first rehab project in a Class C neighborhood. 

If you are staying overnight only to work on the flip, such as meeting contractors, doing repairs, or checking on the project, the hotel expense is usually considered a business expense and can be written off.

Balancing work, classes, and investing is doable if you batch tasks and keep your projects simple in the beginning.

Add 4% for long term appreciation which would be real challenging on a 1% monthly rent ratio property.   10% total return, not counting any tax benefits, therefore is a challenging goal that very few mls properties will be able to achieve.Who invests in residential RE for a projected 10%.  

Then if the appraisal comes in even 5% under your ARV projection, suddenly you're leaving way more capital in the deal than planned.The way I've been stress-testing deals is running multiple scenarios before making an offer.

For a first project, staying with light/cosmetic rehab and a strong resale market tends to reduce risk, even if returns look a bit lower on paper.