@Nzinga Hart When I say that you need to know values, and this applies to all aspects of real estate, whether you are planning on buy & hold, flip, or rehab, you need to know the values in the area that you are planning to invest.

Not everyone has rich parents to fund their deals so finding money is one of the harder aspects of the job.

I definitely have a whole lot of questions about the financing aspects of rehabs.I look forward to being in contact with many of you.Best regards,Marc Boiron

@Gary HurstBesides having a good manager and other support on the ground where your rental properties are, there are some other aspects to consider:1.

Take for instance wholesaling; where is the investing aspect?

Shop around for quotes and I always recommend an independent agent.Dwelling fire policies are similar to homeowner's policies in most aspects except that they do not cover (much) personal property - for this your tenant should get renter's insurance and I usually recommend writing that in the lease.Also, make sure you have a minimum of 300,000 liability and an umbrella policy is also a great idea.If the house will be vacant for a while you will be looking at a much more expensive and less inclusive policy.

Building advantages: Substantial savings vs continuously poured foundationMuch less framing material needed due to post frame designLarge wall cavities permit insulation of R30-R40 in the walls and R50-R60 in the ceilingRadiant flooring can be economically installedLeads to very high energy efficiency with utility savings of 20-40%Conservation of building material, reduced energy usage, and minimized disturbance of soil all contribute to "green" aspectVery rapid build time of 45-60 daysCan build through winter with no issues (slab can readily be poured inside framed home)Metal roofs are highly resistant to hail damage, and insurance cost is normally lessExterior is 100% maintenance free and will last for decadesStructure design has very high resistance to damage from wind, seismic, and snow loads (superior to stick-built)Free-span structure facilitates open interior spaces, cathedral ceilings, and stylish loftsExterior can be accented with stone, brick, and other materialsStylistic external use of masonry accents, dormers, gables, and waitscoting provides attractive appearanceMaintenance free aspects and one-level living could be very appealing to seniors who are downsizing, particularly in structured communities with some common walking areas or other inexpensive amenities.So there's some more color.

The bad aspect of this property is that when I look at these numbers, I involuntarily say "eh" and make a face.

I'm very interested in doing a flip and just trying out the marketing aspect of wholesaling has been difficult to say the least.

Some other things I might add to that is if you act as your own general contractor the liability insurance of the workers on your jobsite is probably one of the most important aspects of your job as a general contractor.