…and I see 6 lien releases …I am not onsite all the time …so it will be hard to verify that ALL the subs got paid….speaking about relationship with good GC, which will be a key to success in my first rehab …I am not even sure how I will bridge the difference between mine and his contract.

You might have to look at bridge financing, hard money or private money lenders.

Personally, I think it looks a little silly to live under a bridge with a big screen tv!!!

You will never get it back, unless you sell your current residence and live under a bridge.

Would a bridge loan be appropriate for this type of project? 

My brother and his wife are both professional engineers in Ohio ( not in the area of the property, and I wouldn't want to involve family in this anyways, just not worth it) and he makes 55$/hr working for an oil company and she makes 42$/hr working for a bridge design company.

@JH Bridge Thank you for your response. 

Like roads, bridges, police, defense, judges to determine contracts between people, etc. 

An investor can obtain a short term (Bridge loan) if the property has a value add component, then refinance into a perm loan once value add is completed.

I have read a couple books and listened to podcasts and people reference the book “the one thing” (which I have never read yet) and say you should focus on building one bridge first, and then other people tell me I should have multiple streams of income.