Client wants us to be Chip & Joanna Gaines...sort of

[Charles May]

To all:

I recently finished a flip, after it was done I had a friend who saw what we did told her sister (who apparently is in the market for a new house this summer) and now the sister wants me to do the same for her. Basically a Cleveland version of HGTV's Fixer Upper. She wants me to find the house, purchase said house, rehab it (to their specific wants/needs), then sell it back to them at market value.

Now, bear with me as I have yet to sit down with these people and know next to nothing of their budget, area, etc....they just wanted to know if would be interested. I am here to find out if anyone on BP has done this type of work for a client, and if so, what are/were the guidelines you used in the deal. I am intrigued at the possibility of doing something like this but it also scares the hell out of me. My concern is we do all this work, the deal falls through for a myriad of reasons and I am stuck trying to sell "their house". So....again if anyone has any useful input as to even what kind of questions should be asked when we sit down I am all eyes. Thanks for your time.