I'm looking for an experienced contractor to partner with on my first full flip; I own two properties and have done minor renovations to those properties but this is my first full flip with a full rehab so I want someone with experience to assist as I learn the ropes.

If you read all of this I'd really appreciate some candid feedback.I live in Snohomish County, I'm a Navy Veteran, have a stable W-2 making about 80K/yr after taxes, and have a modest amount in savings.

this price point indicates that the rents have not kept up with CPI.- Valuation of $253K indicates that valuation has not kept up with inflation.- At that rent point, this property is cash negative when properly allocating for sustained expenses when financed at a high LTV.- 3 units have much higher maintenance/cap ex than one unit (not as high as 3 times the maintenance/cap ex but maybe 2.5 times. - ADUs are not valued the same as the square footage of the primary units. 

The ROI on the one bedroom (we are building it ourselves, my husband is the GC) is better than a 2 or 3 bedroom at this time.

Does anyone have any advice with dealing with this type of situation.

I'm in the process of finalizing my website (obviously this needs to be strong as it will be my landing site for other marketing initiatives.I do plan on keeping my 9-5, so I am looking to use Google PPC and Facebook retargeting ads to build the majority my pipeline, using nights and weekends for follow-up and some limited cold calling.

How did you find this deal and how did you negotiate it?

Once you learn this, you can tailor the offer to meet their needs.

This is a fully legal process that has been irrelevant since the 80s because rates have just dropped.

Was this strictly an investment for you or are you looking to owner occupy your purchase?