Purchase price: $100,000 Cash invested: $100,000 I made a loan to an investor for the purpose of renovating a duplex rental What made you interested in investing in this type of deal?

However, this month was only up 10%, which has slowed, possibly because sellers are starting to realize the market continues to slow.

Not everyone wants to do that, but for those to do, it's okay to do & to do successfully.

One unit is fully renovated: hardwood floors, updated kitchen/baths, new paint, electrical, furnace, hot water tank, and roof.The other unit needs full rehab: plumbing, furnace, flooring, drywall, paint, kitchen, baths, tank, and misc.We estimate $40K in rehab with an ARV of $250K–$255K.Rent Potential:Market: $1,300–$1,400/unitSection 8: Up to $1,600–$1,700/unitStrong cash flow potential.

How long did it take to build compared to a traditional builder?

I am running into an issue for the first time where a seller and their attorney are pushing back on estoppels being signed prior to closing.

You can easily do this on a spreadsheet, and it will take less time to track than finding and learning new software.

One unit is fully renovated: hardwood floors, updated kitchen/baths, new paint, electrical, furnace, hot water tank, and roof.The other unit needs full rehab: plumbing, furnace, flooring, drywall, paint, kitchen, baths, tank, and misc.We estimate $40K in rehab with an ARV of $250K–$255K.Rent Potential:Market: $1,300–$1,400/unitSection 8: Up to $1,600–$1,700/unitStrong cash flow potential.

He is open to sub to, and he even would let me pay rent for him somewhere else in town.  

Look for hearty and plain rather than fragile and unusual.- Pay attention to insurance and utility rates by area/property.