Is a project manager essential/required on a rehab.

My contractor is on board with the project and is excited to get it going.

Purchase price: $160,000 Cash invested: $30,000 Renovation Project.

I am looking to purchase my first property in the next few months and wanted to get experience helping someone with any rehab projects if possible.

If you all know of a post or other resource you can link to with basics like this, I'm happy to read that instead of you typing a bunch of stuff out ha!

@Basit Siddiqi You’re right that PadSplits are not a one-size-fits-all strategy that's why i ran the numbers carefully on my deal including ARV, rehab budget, and projected rents and the model still produces strong cashflow margins even after expenses and PadSplit’s fees.

I have strong motivation to learn and some equity I can use to help fund a project, but I’d really like to connect with someone who has experience in construction, development, or flipping homes. 

A 99-acre, mixed-use development in east Kyle is moving forward with a new developer, ATX Capital which has taken over what's now being called CityPoint Kyle — previously known as "Project Sahara".

We rarely have a project where the rehab is less than 100k in Charleston unless you're doing much of the work yourself or filling in where you can with a handyman.

Needs wetlands and soil samples. rezoning ( what’s the zoning board basically told us it’s a done deal they’re looking for development).