For now, when the budget is a little tighter, expanding relationships seems like the best route that doesn't cost money. 

Ensure you ask the sponsor if there are any such fees.Now, here are some questions I would ask if I were in your position:What are the specific renovation plans and budget details?

Hey Eric, Where it the property and what is the purchase price and rehab budget you are looking at?

Longhorn is also experienced enough (and looking out for the customer) to know that long-distance investors solely relying on a GC to stay on time and on budget can lead to problems.

Not sure if you need to think about budget or not, but downtown will be very very expensive.I don't think there are enough lots that trade that there would be any time of accurate or even ballpark pricing.I don't know anything about it, but there does seem to be some good demand in self storage parking and also in truck parking. 

They will under budget the rehab and overestimate the ARV in order to justify a price that is too high.  

A $5k overspend on budget is a difference in almost 12.5-15%.

If you can afford it - sounds like the business in a box is pretty awesome but unfortunately at this time it is not in my budget.  

Hey Tyler, I agree with Teresa, you could just buy a duplex if it's within your budget.

You need a massive marketing budget, and you need to double close on the property, meaning you need the actually have the cash to buy the place.Flipping contracts from unknowing sellers to buyers is a shady business, illegal in most states, and has a failure rate in the high 90% range.