Opinions needed on my business plan

[Michael Gessner]

Hello fellow BP members, id like to  offer up my business plan for review buy seasoned investors, please take the time and comment with any suggestions and remarks. Thanks for looking

To start I personally have ten years in the construction industry, so my initial plan is to do all the rehabbing in house buy purchasing REO and flipping them with my own laborers, now obviously I would need to speak to a CPA to see how I could structure something like this, weather I keep my GC business and pay out my business as a GC or keep it all together under the flipping side of the business.

After I have weathered the battle of flipping several REO and have built substantial working capitol, id like to move into the buy and hold side of the business, continuing to purchase depressed properties and flip to rent. Again having my guys doing the rehab.

Following, building a steady portfolio of flip and sell and buy and hold properties id like to start moving in to the international market, obviously this area will take years to get to but is an end goal of my company.

I do greatly understand by putting myself into the business side of this and throwing myself into the renovation side of it, i do fully understand the work load I will put my self under, however from all I have read and learned from other people in the industry one of their biggest issues is the contractors. So I would really like to minimize the risk of delays and start with me and my guys doing the renovations. Once im seasoned enough and network with other members then I would be open to hiring GC's but may still keep it in house. Thanks again for looking !!!!!!!!!!