@Daniel Fane Here are some things to keep in mind for this investment project Since you are rehabbing: 1.

Many lessons learned.One more note: someone mentioned that Northside is almost “old news” at this point...With the original projected timeline being at latest spring of 2018, I do believe this would’ve sold right at the peak of all the skyrocketing values.

People will accept a lower projected return from me than they will from someone who has done less deals.

Great find on this website, could be helpful to others trying to find average cost vs value add in projects: http://www.remodeling.hw.net/cost-vs-value/2018/

finish the project etc.I use a step in agreement when I do these..

@George Genovezos,Checkbook IRA (aka IRA-owned LLC) is not a DIY project.

My cash flow after all expenses is projected to be $2,592.

   I've been  in the construction and woodworking industries for ~25 years now, and I'm finally looking at investing into my own projects.

It will be hard to wholesale because a lot of buy and hold investors don't take on giant projects like this and many flippers don't deal in multifamily.

For estimating purposes you should plan on the lower appraisal numbers in your analysis and when you have the cost to do the project make a decision based on that.