All Contractors are subject to the lender’s determination that the contractors are qualified and experienced, have all appropriate credentials required by the state, are financially able to perform the duties necessary to complete the renovation work in a timely manner, and agree to indemnify the borrower for all property losses or damages caused by its employees or subcontractors.Multiple Specialized Contractors:Ø Since this is a limited repair/renovation program, no General Contractor is required.

@Jeffrey Evans$1000 to find a deal I agree - there are tons of syndications and funds available for real estate investors today since jobs act that you can invest in and do your own research on.

It can be hand written with the terms that both parties are agreeing to.

@Bob Avery - agree on the need and real impact of offering to section 8 voucher holders - an aspect of the business we don't hear folks discussing very often. 

@Scott Ray - I agree with @Roy N

I agree with your idea of exploring the smaller surrounding towns in East Texas.

I agree, most agents are great! 

I would agree with Chris, I would not use debt to cover all costs and then hope to get a good pop on the sale to cover all the debt, payments and still have some in the end to make a profit to do it again.

Why I would agree, it would be ideal to start one ourself but to be profitable at PM it seems to be a numbers game.

Most of the time, the family will want to see the home prior to agreeing to staying there.