The remaining balance is paid once the project has been completed. 

It's also completely passive, with great returns.

What I said in an earlier comment about "section 179 can't be used to create a business loss", that wasn't entirely accurate/complete. 

I’ve learned through experience that if a renovation will take several weeks or months to complete, it’s usually better to hire contractors.

Class D is mostly rentals (another tip to look at owner occupied stats and/or if the neighborhood is identified for revitalization), the tenants are outside smoking, they are talking to neighbors and solicitors, it is a completely different vibe that is pretty noticeable just driving through.

I suggest having him complete an application to determine if he meets your criteria.

Below is something we have in the works:-Looking at a property that is 3beds 1 bath-ARV once complete is at 250K-Repair costs = $40K-Working on acquiring it for $125K maxThanks for the input!

.: Quote from @Jesse Dominguez-Castelan: Paul, as licensed agents my team and I do our best to find out as much information from the seller as possible so that we can provide you with what we hope is a complete picture of the property.

I’ve been researching a lot about the basics, but I know there’s so much more to learn, especially from those who’ve been in the game for a while.I’d love to hear from experienced wholesalers about their journeys and any advice you have for a complete beginner like me!

That's completely OK.