If you can find a reasonable way to get it permitted, you just built instant equity in the deal.

It would have been an instant red flag if someone would've asked me to just send a copy of them or something of that nature.

I gained instant equity.

Because cash can get spent instantly.

I read the free book and BiggerPockets instantly hooked me. 

(tax incentive)Although there will be instant equity if I keep purchase price and rehab cost at the margins no greater than  .6-.7 % of estimated ARV, are there any suggestion experienced flippers have to offer?

I want to know the instant you notice water where it shouldn’t be or no water where it should be.

So if you buy a $1m property the requestor instantly gets $500k in equity just for promising to manage it, and you instantly lose $500k out of the gates in addition to all the cash you put down?

What makes a private lender instantly say "No way" when someone says that they'd like to use their private money?

Cashflow of $237/mo 47% cash on cash and instant 20k equity on the balance sheet.I use a property managemenrmt company and my last 3 properties were rented in less than a week.