I then look at area vacancies, economic conditions, employment opportunities, area demographics and verify that the property has not been red tagged or have any other underlying problems that might make it difficult to resell or rent.When I have my financial information then I can consider debt service and costs related to equity partners in the overall income produced.

Other options could look like a property closer to you or in an area you are more familiar with, could be turnkey options with an established company, could be partnering with someone to gain some experience. 

@Liam AlvarezI’ll be a contrarian here.After 46 years in the industry, both as a SFR broker & investor and now as a MF operator with over 1000 units as a general partner…..The best market to invest in is the market YOU KNOW BEST.

My partner had some taken off from work during her second pregnancy and we have started catching up with finances.

And then do it again.It is actually possible to have a super experienced General Contractor, a very deep pockets money partner, and still lose money on a flip.The most common reason, in my experience, is having a project run over schedule and placing the property on the market during the off-season.

As one who was personally defrauded by Clayton (despite his claims it was all his partner's fault), it really is disingenuous for him not to take responsibility when his Ponzi scheme fell apart.

Good luck to all of us = )   Actually I'm a partner with 2 other seasoned note investors and we have our own Reg D equity fund that buys 1st position NPLs and RPLs with a preferred return and profit split to our investors.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

We decided on an engineering services partner this week.