I think the general rule is that those do not count toward you COC as they artificially inflate it temporary, and then when you actually realize the expense, they would count against it worse.

Woodlawn lake is a good area and supports both flips and buy and holds so it is a unique neighborhood for sure.

You won't get the appreciation you do closer to Portland, but you might get numbers closer to most of the "rules" you referred to.

Hello Fellow Investors:We are considering MLF Investing.MLF Unit: 7 Units, Price: $550,000.00What is the Thumb rule when performing the Analysis for: Closing Costs, Appraisal, CPA + Lawyer Fees, Inspection, Insurance, and Umbrella Policy (1 Million).ThanksKishore

We can even select other local business to support.

First, I don't think Vegas can support a turnkey model.

So now I've got the whole bathroom gutted cause the cpvc ran under the subfloor, which btw is now sitting on the ground making an invitation to move right in and become my next tenants, but the living room now has a nice trampoline bounce effect when you jump on the floor cause all my joist supports either washed out or sank from under the house!

It is low compared to rule of thumb 1%. 

At that time I did not have a spouse that supported building a rental business, but now my husband is very supportive and looking forward to learning more about the business along with me.If I had a dream purchase for my first investment, it would be a Quad or 6 Plex.

Generally, the TX real estate market is very strong and thriving right now as companies and individuals are relocating and the state supports a robust economy.