For the first few, having a GC work with me, I think it will allow me to get a better understanding of how to recognize scope of work.That said, how much are GCs charging for home flips?

I understand that a fideicomiso is needed if we are wanting to own a property by a beach (which we would).

I've been doing some studying on short sales but still working to understand it better.

I don't recommend throwing the baby out with the bath water, and definitely make sure you understand the nature of the Mentor you choose.BP is a great resource to meet some amazing people. 

This speaks volumes about the challenges Buyers are facing when it comes to saving enough cash to purchase a home.It’s a reminder that understanding what Buyers need most is key to creating deals that work for everyone.

I am considering getting into this space (looking at some courses), but worried that its too late, and that deep local market knowledge/understanding of buyers/connection with developers etc is required to make this work, which only incumbent/long term investors will have and would be hard for a new entrant starting from scratch to catch-up...is my hypothesis valid in your opinion ?

Since you’re assuming this debt as part of the purchase, understanding the exact amount is critical.

This collaborative approach not only enriches your understanding but also opens doors to potential partnerships and investment opportunities.

You should contact both your lender and your title company to understand their requirements.

@Erick Pena please understand that buying rentals is NOT passive income!