Clear and concise communication, willingness to help, and promptness have been my biggest indicators for finding the right individuals.

Investors looking to build their portfolio can take a property with tighter margins and also can make their rehabs cheaper.. this would be your biggest challenge as a flipper. 

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

The LLC’s could be put into a trust which would negate the tax downsides at the time of my fathers passing (which hopefully won’t be for another 30 yrs or so).

My biggest suggestion would be to find some local meetups (https://www.biggerpockets.com/forums/521-real-estate-events-...) and introduce yourself to the host. 

It is unfortunately one of the biggest misconceptions amongst new investors and leads to unnecessary start up expenses.

Purchase price: $265,500 Cash invested: $62,387 Sale price: $430,000 The biggest challenge on this one was the smell from the animals kept in this home.

I like the idea of adding value as long as you don't spend too much cash and/or plan to do a cash out refi at some point to keep your cash working for you and getting a good return on equity; the biggest advantage with this strategy is the low down payment with the lowest available interest rate.

When you get clients these will be the biggest pieces in providing value. 

Honestly, I think the biggest hurdle you are going to have to overcome is a lack of time.