Is a project manager essential/required on a rehab.

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

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.

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

It's a massive amount of work, with a lot of curveballs and unexpected delays and expenses, heads up.

@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 would love to have someone teach me how to flip/remodel while assisting with a project.

It's projected to gross $150-$170k per year. 

Every time that I have a new project, the template is customized accordingly to what I learn during the time in the project.When you mention a deal, it is also important to understand what is the end goal of that, are you looking for rental, fix and flip, STR, MTR, every one of these deals have their own tab in my spreadsheet because the economic are different. 

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.