Rents projected at $1,500/month.

Most of our house flipping bookkeeping clients have a version of these and it's super helpful for everyone involved to know what's going on with each project.

The reno part is in the form of a draw, so you would need some liquidity to get the project started, but yes, sub-20% initial capital investment is do-able.

Tight numbers can turn into break-even projects fast, so the deal has to make sense from the start.You’re off to a strong start—keep going!

With your background in engineering and lean construction, you’re positioned well to optimize real estate projects, especially in a Midwest market like Indiana.

Once I had a few successful projects under my belt, people in my network started asking how they could get involved — that’s when I started introducing the idea of private lending.When I pitch a deal now, I keep it simple but professional.

You'll want to be conservative given this fact, which means lower leverage on the project and more cash/reserves to give yourself a cushion.

There is really one way to do this, project manager.

Quote from @Kody Rogers: What state is the project in? 

After a tough experience in my last W2 job, I’m seriously exploring real estate as a way to build long-term income and more flexibility for my family.Quick background:I’m a project manager by trade (15 years) and comfortable managing reno timelines, teams, budgets, etc.Married with two kids.Currently unemployed, but our household income usually runs around $200K/year.After my parents passed, we sold their home and used the proceeds to buy a house up north.