I enjoyed the 3 day workshop and thought it was worthwhile so I joined the $40k program and I have regretted it!

I am not your structural engineer so take what I say (and others most likely) with a grain of salt and best to get a contractor to come take a look at it.

Mostly on trade accounts with local businesses for the materials, some business credit cards, some of the contractors were OK with waiting 30 days for payment. 

I'd have a Home Inpsector and/or General Contractor go over the place and make a list (Scope Of Work) with a tight budget.

I would say I have clients that don't have either license and they do great even with paying a contractor and agent.

I understand a fixer-upper would require a lot more work in accurately determining repair costs, finding good contractors, etc., but I think the learning experience would help set me up better for future deals.

We currently have 23 single-family homes in the KC metro (120 bedrooms) utilizing this model and while its never boring - I really enjoy it and it's definitely a favorite way to invest in real estate to date.Have a few tips and tricks we've learned - send me a message if you have any questions.

Based on the local market, $15k for renovations seems light—have you had contractors confirm this budget? 

Looking for recommendations for a good General Contractor in the Norfolk, Virginia area.

If your landlord wants more rooms painted, I would tell him to hire a contractor and I pay 3200.You can roll two rooms in an afternoon and in the end it's only $100 and at least you have someone who seems somewhat flexible.