My favorite is to negotiate a substitution of collateral from seller on the purchase money mortgage and quick sale the house.

So a full breakdown of the work that was done:New Roof and GuttersNew upgraded 100amp ElectricalNew Garage doorsNew PlumbingNew AC systemNew Kitchen - cabinets, SS appliances, granite counter, backsplashOpened Entry way to kitchenAccent Wall in living roomNew BathroomNew Front PorchInterior Paint (Exterior not needed)Recessed LightingLandscaping - fixed yard, removed tree and overgrown bushes, fixed fencingThe Numbers:Purchase price = 70kRehab costs = 32kSale price = 165kClosing costs = 13kNet Profit = 50kAnd now everybody's favorite part, pictures!!

The Millionaire Next Door is one of my favorites.

East end is one of my favorite streets!

In my current industry, it's very much encouraged to make mistakes and learn from them (which is by far my favorite way, but it's challenging with the large cost.) 

Catawba and Burial are our favorites by far though.

Favorite new saying; "Mistakes are our best mentors, but soliciting other BP member's advice beats making stupid mistakes." 

Some of my favorite resources:PodcastsEpisode 108 - Grant Cardone...

One of my favorite sayings:"If you think it's expensive to hire a professional to do the job, wait until you hire an amateur."

Love that you're looking at Maggie Valley - my family has had a vacation home there for nearly 20 years (and we've been vacationing there for nearly 30), it's one of my favorite places.