That is what it looks like and it is also what Carrie told me when I spoke with her about it.  

And you should get a weekly report/invoice itemizing which guards were on your site (C.

In fact, he carried it a couple of steps farther.  

Make sure you have cash reserves for 6 months , steady w2 job if things go south and do not plan unnecessary big ticket items until you stabilizeI have known people start with 40 k and used it to fund flips and work their way up and get Business Line Of Credit for 200 K in 2 years and after that of course it is very easy

My examples just happen to be two items  that kill many of these conversions after the zoning permit is issued so best to verify what obstacles if any exist early on.

As I matured in my career I have expanded my lender network and product line with the goal of carrying a very wide variety mortgage products at the best rates.

But, when it comes time to put the deal together and pull the trigger: work with a seasoned real estate attorney with experience in structuring seller carry deals and writing thorough docs that cover your interests, especially with the "what ifs?"

Another option is seller financing, where you negotiate directly with a motivated seller to carry the note instead of going through a bank.

Robert Cialdini notes that creating a sense of reciprocation is one of the best sales tactics out there, even if the items being reciprocated aren’t anywhere near equal in value (like a 12-month lease versus a $25 gift card, for example).

I know from experience that things will ALWAYS COME UP IN RENOVATIONS and it can honestly be hard to agree on the allocated time for some of these changes)- Plus many more items - it's easy to get out of control with contracts.