In an ideal world the investor, a partner, an interior designer, or for larger investors maybe a project manager would be able to collaborate with the contractor(s) on these things.

I have been playing the multifamily game for almost 10 years now, and the GRM is one of my least favorite methods personally since it ignores so many important factors (steam boiler versus electric baseboard heat as an example). 

Examples could include:Partnering with other investors to share risk.Using seller financing or lease options.Leveraging creative rehab techniques to save on costs.Negotiating with contractors in a unique way to reduce expenses.I’d love to hear any stories, tips, or approaches that helped you pull off a deal others might have instantly passed on.

Finding creative ways to value add could be a good avenue to get you in the door, especially if your partner is a contractor. 

Contractors, businesspeople, and interested community members are all welcome.

Sure enough the rehab ran over budget (we had a large contingency that was used up -- some due to contractor malfeasance, some due to pulling the trigger on big repairs like a new roof) and the revenues were right around expectations, maybe slightly below.  

Are you looking to connect with a lender, contractor, PM company, etcCongrats on the recent purchases and welcome to BP!

But for an OOS investor one consideration is access to support, first of all PM & contractors, and you have more choices in the much larger Milwaukee metro area than in a smaller submarket.

If you go to one meeting you can find your contractor, agent, property manager, attorney, and anyone else that you may need. 

@Marc Shin The contractor didnt finish to your satisfaction ?