Then I got a PM from a very well known and respected member telling me how to get it done.

Foundation issues as others have said would be red flag for us . . . often the estimates are low and unexpected overages can sink a flip (holding costs will eat you alive). 

And, I am talking about LOT of investors for tens of millions. 

Quote from @Twitch Raid: Found a home for sale on the judicial repository list that is from the previous owner.This owner owned it in 06, it was sold in 07 and posted for judicial sale in 2010 and has been in the repo since.Is this sale any good?

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

I have an accounting degree, and I still outsource my taxes.

I also require the tenant to have renters insurance with liability coverage for me and them.

Every day is an amazing experience  helping investors and clients find the right property. .

I don't see a lot and feel like there is spam in some of them. 

Purchase price: $720,000 Cash invested: $60,000 Househack/BRRRRR.Taking advantage of low 5% down Owner occupied conventional loan, then fixing up the units 1 or 2 at a time, raising the rents, and then refinancing to lower the monthly payment and increase cashflow. 1 full gut unit and others were more cosmetic turnovers.