Once verifying see if you can talk to the buyer directly & explain the 90-day flip rule and see if the buyer is willing to wait 2 weeks before submitting his offer. 

Investing this amount in passive deals might not provide immediate income, and you could end up waiting years to see returns (similar case in most investments.) 

I suppose I'll just wait until I find a good applicant and be grateful I won't have a vacancy this time next year. 

Wait, I get it, their online reputation will be enough of a guarantee for you!

When doing a cash out refinance, it's important to consider seasoning periods of the waiting period you have to have between when the old transaction closed on the hard money loan to the new cash out transaction closing.

.🔑 More experience = More access to future opportunities.If you sit on the sidelines waiting for the perfect deal where you control everything, you might be missing out on great future partnerships.5.

@Chris Kay finding a quality, cost-effective contractor is extremely difficult:(There are thousands of contractors that are great talkers, but rarely perform within budget.Standard bait & switch is to lowball a bid, then once they get started all sorts of things "pop up" that somehow their bid didn't cover.

Quote from @Tonya English: I’m considering hiring an attorney for a class action suit against the scammers from Launch Your Leads that take thousands of dollars and then you never hear from them.

Since it's already an expensive area, I worry that waiting too long could make it even harder to afford a home when I eventually want to move out of my parents’ house.Looking for advice from experienced investors—what would you do in my situation?

If anything’s not up to code, you’ll need to fix it before they sign off.As for costs, you’ll have permit fees—those can range from a few hundred to a couple of thousand dollars.