The BP Free Course would be a good starting material to see here https://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing

Limiting carpet and building materials that will degrade / be tore up quickly.  

@Anthony GerenIt can be done, but a little harder, since most wholsalers' marketing material says "cash buyer," which is one of the reasons some sellers call them in the 1st place. 

@Louis Mannikko  if your 401k is a solo 401k that you control.. you may want to look at investing NOtes or with a HML.. this is a very good use for those funds.on the fix and flip you may want to consider partnering up.. just make sure whoever you partner with is vetted thourougly.. plenty of " my idea and your Money guys out there" you can go on amazon or E bay.Look for any of the guru's written material and videos you can get those for next to nothing. look through them there are usually nuggets in each one that you can use.you can also spend untold hours on BP asking questions and reading and listening to pod casts etc.. of course this is free and just depends on if you have the time for that.

I did  extensive research, contacting multiple construction companies, estimating materials + labor.

PS Instrument could be an agreement, contract, or any written material

Indiana real estate market Indiana rental market Finding a RE attorney Finding a property management company that works for youStructuring deals Future markets we are looking at Growing a Facebook page with a flip company Creating content for social media Branding your company on 14 different social media sites MLS acquisitions Growing a quality buyers list Finding private lenders Hard money lending Managing contractors Material ordering Joint venture agreements Real Estate Photography Shooting video Building your website Finding your niche I am in no way an expert I just have tried to document our journey and sharing what has worked and what has not worked we have made money but also have lost money.

I am assuming the property is older based off the materials described in the OP.  

Our commercial jobs usually need permit when moving electrical, especially if they're metal studs.

hey ryan, from all the material you have read and researched so far,  is there any particular area that interests you the most?