If you have never been in an actual violent scenario you truly do not know how fast it can happen. ( I have been back when I was a teen at Panama City Beach ).

The noteworthy detail here is that of course the subcontractors don't want to wait 2 or 3 months before they get paid, so you basically need about the equivalent of one draw in liquid cash on hand to get everyone paid before you can pull from your construction loan and reimburse your working capital.Early in January the concrete had cured just before temperatures started to drop into the teens.

Further, I think you will probably find better returns than Cardone with a number of syndications around BP high teens, low twenties...the initial buy in may be a little steeper.

My thought was that my teen boys and I would be doing the lawn and landscaping.

Stance 2- TOO MANY PEOPLE ARE MARRIED TO THIS STRATEGYThe acronym BRRR(RRRRRR.....) is such a sexy term that everyone and their mom wants to do it.

Although in this post we are not dealing sexy SEO, this holds true for any and all marketing. 

Now consider MY answer and see for yourself if my answer makes more logical sense.How about you send them a clean crisp white printed letter with your company logo on the top, and you say something like thisDear Mister Brilliant,My name is Monkey Butt and I am the owner of MSOOTKAUG is Sexy and Buys houses LLC.I am an investor and house flipper and after doing a bit of analysis on your home, I would love to see if you may be willing to sell your house to me.We offer cash and eliminate all the hassles of a traditional sale.

Without a doubt, the city is shown in a rather "sexy" light and probably has a lot of hurdles for foreign investors but I was just curious as to what this community's thoughts were. 

All in renovation costs under 20k, should settle in that upper teen mark.

Now i have seen several houses in the teens, and several houses doing offers upon receipt instead of doing an offer review date.