I called and emailed Nomad daily and could not reach a live person, even in an emergency.

I have personally invested in both turn-key and value-added properties. 

First of all, my personal credit was a very good at 735 midscore. 100% financed tidied it up just a little bit more with  just cleaning up a couple of things on my credit.

Do you have other collateral, such as another income property or your personal residence (last resort) your seller could record their lien against? 

Affordability for the average person is essential, in my opinion. 

Hello @Yvonne Wang,The scope of work should include the following:- Basic info: Property address, client name, contractor's contact info, address, license#'s, signed general/operating agreement b/w contractor and client- Specification of repairs: Repair item, Quantity of items needed, total & per unit cost of items, taxes (if applicable), Completion hours, title of the person responsible for the repair item, written summary describing the work- Add'l info: Schedule of repairs, additional payment schedule details i.e. disbursement schedule, method of disbursement, deposits, holdback amounts, etc.The screenshot below highlights a couple of repair items.

Love that you are learning more about the investment vehicle and that you are moving onto step two where you are working your investment criteria as well as networking with sponsors alike.

You are still personally guaranteeing the loan.And you did the right thing by putting the assets into an entity, especially if there is equity.

To flip right is about a lot more than just renovating and *pow* $-rains down on a person.

Also interested in networking to learn more about my personal interest in STR's primarily in the Tampa, Bradenton, and Sarasota markets along with other southeast coastal and mountain markets.