@Michael Kirstein That might be tough...We charge the one month's rent; but it gets posted on the MLS, and marketed heavily, and 1/2 of that one month's rent, we generally pay to some out side agent that brings you a tenant.

But it so heavily depends on the finishes and material supply it would be hard to ballpark.

@Omar Merced @jeffkeller i will be becoming an agent full time as my sole job but will be focusing heavily on investments. i started wholesaling marketing in january no deals but got call backs, im looking to purchase an mfu this year and save up enough for a down payment with an HML for a flip early next year. i meant to say im looking to finish the year off with the same amount i made last. this year ive made 15k so far so i only need 35k to go. based off my basic math and average home price of 220k and 50/50 split im assuming i need to sell 8 to 12 homes by years end to make that difference. my previous work experience of being self managed and confidence leads me to believe this is easily possible especially with better flips.

With real estate investments, the return you get will depend heavily on what you know and how you use your knowledge.

ARV of the property is at $105k.I had planned on getting an unsecured personal loan to cover the rehab costs and then refinance after the rehab was done (2-3 months).BBVA was heavily advertising a personal loan up to $100k and as low as 7% APR.I have a good credit score, but I'm a recent college grad that started working 6 months ago, so I don't have a long work history they like to see.I applied for a $70k loan with a 24 month term (the shortest term they had).They told me I was only approved for a $20k loan at 7% APR.Now, I'm trying to figure out how to come up with the rest of the rehab money.I am in Texas, and my parents live in California, but they own a house free and clear in South Carolina with ARV of $70k that is currently being rented out to Section 8 tenants.I was wondering if they can quitclaim deed that property to me, and if I could cash out refinance or HELOC that property to be able to have funds to complete my rehab?

Both properties are out of state in the same area.Even with the markup and fees, I'm still cashflowing a little over 100 dollars on each property, with worst case scenarios factored in.How many of you have invested heavily through turnkey + property managers?

I am also looking for another property, and heavily looking for owner financing.

Our area is getting developed heavily with large NEW multifamily buildings all over the place....in turn, taking my higher clientele and leaving me to replace them with lower class. 

@Warren West I agree with @Nancy DeSocio about being conservative.It sounds like you’ve some up with a range of plausible rents, I’d recommend sticking in the middle or lower-middle range for basic analysis/offer purposes.If your offer gets accepted, you can go to the next level and actually take a look at the competition in more detail to refine your numbers during the inspection period, to see if any further adjustments need to be made.In your specific case, I like using 1100 or 1200 tops for the 3BR on the Warwick/Cranston line in your initial analysis, refining based on the specific neighborhood and condition of course.Personally I have not been that impressed with Rent-o-meter, but Craigslist and Zillow are kind of the standard these days so I would lean heavily on what you see there.

We are heavily considering commissioning the construction of a new house at the beginning of a new neighborhood with the idea that as the neighborhood goes on, the builder will raise prices, and thus ours will appreciate.