I am not concentrating on all your electrical talk & assumptions.

I am only going by what he has told me, but houses in his neighborhood are selling for around $134 per sqft and he has his house listed on the market for about $100 sqft. w/ no nibbles at all.My coworker almost failed an exam a couple of days ago and he confided in me that he is stressed about being unable to sell his house and it is effecting his ability to concentrate during exam time.I don't know if this is the right place, but are there any NC flippers out there willing to take a peak at my coworkers house?

While we do concentrate on the asset and don't care about your credit so much, we want you to have skin in the game.

If so, I'd concentrate on that one area and keep the option to do all the PM myself (you still have the option to contract that out, but if they're in 5 different markets, counting the one you live in, you don't really have that option).I think you could even consider doing 9 and keep a single $50K contingency fund, or even 10 if you have access to very good line of credit that isn't likely to be pulled.

I find that concentrated generic roundup is fairly cheap to use for weed control.

(FYI they all signed up for the Diamond for $42k because the concentration is on wholesale and flips in the beginning to make the money fastest....

In the past two years I and my business partner have rehabbed two house while still both working full time and I am hoping in the near future to be able to stop my full time job and just concentrate on real estate full time between rehabbing and investing in multi family's.

Less concentration and thus less opportunity to swing for the fences on a given deal7.  

NOVA has the highest concentration of college graduates in the country. 

So if you buy say 100 NPN seconds for next to nothing. and 60% work out you just walk from the rest since you paid pennies on the dollar.. and you concentrate on the big returns on the one's that are performing.I do have a casual contact who bought 1.5 mil of NPN 2nds and this equated to 100 plus of them, when asked how is it going.. the reply was very stressful I have 40 attorneys hired across 10 states doing all these foreclosures for me the billings are out of site and I am worried I will not even recoup my principal.. now this is someone that had the smarts to attain that kind of capital to buy into this position but I don't think they fully understood the work it takes when you have 40 or more notes that your trying to work out or foreclose on.Its a business for sure...