How would you suggest going about finding a deal and managing it out of state.

If there’s specific projects like electrical we get a project specific estimate after we put it under contract prior to the earnest money going hard.

Most hard money lenders require 10-20% down payment of the purchase price or total project cost.Holding Costs During Rehab: Yes, you'll need to cover carrying costs, including hard money interest, utilities, taxes, and insurance.

My wife and I come from a manufacturing leadership and project management background. 

I have made some local connections for contractors to do something solo when my current projects wrap up. 

It’s likely the GC will subcontract the concrete work to a specialist while they focus on managing the permitting process and ensuring everything is done to code—especially if there are ADA requirements involved for the ramp.Let me know if you need help navigating the process or any tips for working with contractors.

It won’t take as long as you think. if you can wholesale a few properties you can get enough to support you in a small project while learning the ins and outs.

Investment Info:Office Space commercial investment investment. 100's of completed projects, JC Beal Construction is nearly 100 years in business, Beal Properties manages well over 2000 doors all throughout Michigan and the Toledo, OH area.

If I had not been, then I would have a lot of projects only half completed and a lot of investors very angry with me. 

This burnout led to me selling off my rentals, dissolving my business with family, and having my mother take over managing her own units.