Yes you will need to make sure you have the cash to take care of any repairs that are needed out of pocket.

Be careful of some of the lending requirements that may ask what your intention of the purchase is. 

And if the people you're working with aren't giving you the peace of mind that everything is being done correctly, send me a message and I'll get you taken care of.

Their home in Waldo was also a great deal a Duplex they found for $210K and now getting $1250 a door since it needed renovations.Some advice is be careful with what you by so that you are not paying top dollar or market price for a home that someone just renovated.

But understand that I was a new investor and trusted them in taking care on a lot of these things because I knew my due diligence might be faulty because of my lack of experience.so I completely disagree to your points here on siding with them  I don’t agree with you, I could have just gone on redfin and bought a turnkey or asked an agent in Akron area to help me get one. 

I don't care if they are qualified or not.  

I would also tell you to be extremely careful when doing contracts with builders. 

@Tom StevensonHELOC money is extremely expensive - if you buy something that is 100% financed, either entirely with the proceeds from the HELOC, or with HELOC money for the down payment and a conventional loan, you will lose money.

Maybe have a decent sized pool of cash to take care of the occasional roof repair or personal expense, but almost entirely in real estate?

Fix-and-flip projects can yield quick returns but require experience, while house hacking with FHA or conventional loans is a great way to get started.