For example - you're starting a $100,000 remodel on a propoerty that you have acquired, the Scope Of Work includes basic lipstick stuff like a kitchen remodel, a bath remodel, and new flooring and paint.I would start with a draw of no more than $10k, that is more than enough to get anyone going and it shows your good faith.

I put lipstick on a pig , Made it clean , neat and livable .

The rental rates here started to increase two years ago and there are good opportunities to buy flip houses at good prices or ones that need the lipstick treatment for tenants to move in.  

Or you can do it slumlord style and just put lipstick on a pig and let it be someone else's problem in the future.

Especially where you can make the model work with somewhat lipstick renovation, $15/$20 per sqft - without getting into the gut-out domain.

If its a lipstick carpet paint, in and out, I'm sure he'd take much less.

Many flippers do lipstick fixes, we don't so our numbers ARE WAY different than theirs.

This new guy ended up pocketing most of the rehab funds and just doing lipstick renovations.

Those that pays homage to the gurus being good at finding victims to ripoff is like putting lipstick on a pig. 

,,,,,the good news is you aint gonna have any coins,toothpicks ,Bic lighters,pagers,lipsticks,pocket knives,cold cream jars, or little bitty plastic Teenage Ninja Turtles fall down that cotton picking drain with a good healthy ,,,GRID STRAINER !!!!