This gives me access to a large network of skilled contractors, including plumbers, HVAC specialists, electricians, and general contractors.I’ve identified a promising opportunity with an auction property, but I’m unsure how to accurately estimate rehab costs with only a small window to do so.

There are companies out there that have 0 skin in the game and are just referral sources and there are others who are vertically integrated so they own/manage the entire process from start to finish. 

It does not matter whether you are starting a real estate business, restaurant, car wash, or amazon commerce business - the lender will first look at you and your partner and how much skin you have in the game, your experience and the risk of the loan not getting paid. 

Potential Equity is not skin in the game. 

If you know local wholesalers or off-market specialists, their contracts have usually been vetted by an attorney.

Good luck with that one—I doubt any syndicators would find a sympathetic jury in such a case.Scott, you and I have debated the concept of “skin in the game” for years.

. , the CEO of this company is serving 5 years in prison time.What dealbreaker's analysis say the tuesday morning/REV/Invictus deals is similar to previous event in 2020 when Invictus (the bankruptcy specialist hedge fund) that tried to save Tuesday Morning in 2023 was also trying to save NS8 in 2020 but the NS8 CEO is stealing 125 mil to their own pocket and now in jail.

Not a flood zone specialist but I don't believe it would impact your resale.

But lately have had a hard time finding anything to BRRR or even with enough skin to flip.

Eventually, you will see a property pop up that is an outlier in your favor, and you will be the only person who knows that market so well as to be able to strike quickly.The 1% rule had a value at one point, maybe as a screening tool, but it could never compete with the specialist who has done the reps.This is spot on.