It seems to be a big deal for anyone over 55, like they have the best advice and if you listen to anyone else, even if that person gives identical advice, then you're dumb.

Then add in all the people trying to steal what money you do have with simanars or what not and could care less if you make it or not.

Make it a steal of a deal and buyers will be knocking down the door.

Beyond that, you'd be dealing with a "home-owner", which can be very difficult to manage (disagreeing about the renovations, access to the property, something's missing in the house and they suspect one of your guys of stealing it, the homeowner changes their mind in the middle of it and they want out, etc, etc).  

I don't imagine that this is a widespread problem, as in an identically-formatted post, no one has complained.If you are truly interested in seeing all the pictures in ways that have been expertly manicured by Techies that will fit sate your deepest desires for perfectly-sized pictures of flips, feel free to PM me, and I can provide you with a link to the pictures, which BP will not allow me to post on here.

Pull comparable properties to see if the property is priced right. priced high, or a steal.

We've got an interesting one here...bought for a steal of a price at 240K, ARV is 600K.

The property seems a steal, the potential partner has done all the leg work finding tje property and they have their own general contracting company and this would be my first ever deal. 

Cash flow: 6,750/year, or 563/monthCash-on cash return = 223%Safer option: $366,750 loan amount (30-year fixed @ 4.7% rate) (75% purchase price)$122,250 down payment (25% purchase price)$3,020 closing costs$100k cash towards renovation (budgeted)Cash flow: 17,667/yr, or 1472/month Cash-on-cash return = 7.8%The riskier option sounds like a steal to me, however, it does come with added risk.

I know its not a steal :)Also, I am told GA market is very hot now and can expect good appreciation in next few years.