It is estimated that in 2020 alone $48 Billion was invested in new projects in over 3800 different census tracts.

But this was a project.

John - Would love to hear more about your NC project as we have a good presence out there as well (1-Mars Hill, 1-Burnsville, 4-Hendersonville). 

How do you handle disputes or issues during the project?

One of the biggest risks I observe with flips and first time investors are instances where the project goes over budget or gets stuck in mud, can't sell and even worse the borrower doesn't have the credit profile to refinance out to a lower interest lending source if borrower is required to hold the property as a rental. 

Cash invested: $40,000 Sale price: $205,000 Strategic Market Pivot: From Long-Term Rental to High-Yield Fix and FlipThis property was strategically transitioned from a single-family long-term rental (LTR) into a fix-and-flip project after analyzing market trends and identifying a pivot that would yield better long-term returns.

Do you have experience using them for your projects?

I'm having a hard time finding any estimating tools for this kind of a project, adding a story and multiple BR/1 BA, and wondered if there were any tools, sites or recommendations any of you have for this kind of a project. 

If you're wanting to use a GC instead of running the project yourself, then I'd ask a couple in the area what their mark-up is, and calculate using those numbers. 

Maybe it’s hosting a casual weekend walkthrough of a recent rehab project so investors can see how their money is being put to work.