First flip under contract to buy at 20 years old

[Michael Carbajal]

Hello everyone! This weekend i just got my first flip under contract to buy. I have came up with at least a dozen exit strategies, the last one being wholesaling. I got it under contract at 27k and the ARV is 125k. Home is in rough shape! For sure will need 50-60k worth of work. I am thinking more long term here, my first method would be to BRRRR the deal. Thing is, the property is roughly 45 minutes away from my personal residence. My question to everyone is, I know for a fact the home will need to be completely remodeled. How do you choose weather to do the work yourselves or leverage out the work and losing on profits. I am a full time Real Estate Agent here in Houston, having to do all the work myself I believe wouldn't be the best use of my time. The great thing about is that its a smaller home, only 960 Sq Ft 3bed 1bath.

I figured once im a few properties in, I can begin to leverage everything out (property management, rehab, etc) but for now I am leaning towards handling everything myself.