Here’s what you’ll get:+ insider’s view of everything:- what I look for when searching- how I found the properties- what it takes to seal & close the deal- numbers: all things $$$ related- plan: what’s my plan to do with them (with chances to practice/“role play” as if you’re the decision maker)- actual process of renovation: planning, construction cost, materials selection for flips, resources (contractors, subs, architects, supplier houses, etc...)- staging, marketing for sale- listing (diy or hire out, resources, etc...)- and everything else in between+ these are all free of course+ my promise that I won’t sell anything during the process :) so you’re perfectly safe with me!!!

I have a low debt to income ratio, but I am also going to retire which may affect the approval process (even though I can still make the payments.)  

It is for this reason that I never let tenants do repairs and the fact that they may damage something else in the process. 

Plan is to rent 2 unfurnished/6 mo leases + 2 furnished short term/AirBNB.My house just closed last week and now I'm in the process of fixing it up cosmetically (drywalling over old 50's ceiling tile, ripping up old carpet + refinishing the hardwood underneath, painting, new floors everywhere that doesn't have hardwood).

We have had no problems selling flips just getting them complete and the process of getting to the finish line.

@Galvin DueslerIf probate has already been initiated how far along in the process has the estate gone?

I absolutely loved the process (even living in the condo while the reno was going on).

I just recently learned there is a difference and it has burned a few people looking to buy a first property.pre-qualification is based on the questions asked and information given to the broker/ loan officer usually via a quick phone conversation and is a quick credit check process to show qualification.pre-approval is more in-depth, meaning you sent tax returns and pay statements to them to verify all information you told them over the phone or in person. 

But what about all the other expenses like on-going maintenance, capital expenditures, vacancies, etc?

pretty simple this is a default  start the foreclosure process and cash for keys or Deed in lui is usually the best and fastest way out of it..