Notwithstanding the foregoing, no material amendment to these Bylaws shall be made without the approval of at least 51 % of the Eligible Mortgagees and (ii) the consent (by vote or written consent) of Members representing 67% or more of the voting power of the Members of the Association.

I figured this is the best place to start and while I wait for responses continue to research my area.Things I haven't done yet-learned the buying process-read and understand the contracts-find a good contractor-find a hard money lender-figured out what I don't knowThanks for taking the time to read my post, if you have any suggestions on reading material that would be awesome :).

mid-sized apartment building, you should be working with an experienced broker and/or attorney who should be able to advise you on what materials and {diligence} conditions should be identified in your APS.Building on what has been stated above, be sure to include the collection of estoppels from all tenants (and suppliers) and to have the clock on your diligence period start only once the Vendor has supplied the information requested of them (in the APS).Other items which we typically request as materials include: all leases and contracts; blueprints, engineering diagrams and assessments; existing environmental assessments; authorisation to pull the permit and work order / citation history on the property; finances for the past 3 years; current rent-roll along with economic vacancy (physical vacancy, concessions, evictions); list of recent CAPEx; statement of reserves (note: this should be included in the financials, but you never know).

Even if you found a GC that would , all they will do is bump up what they pay their subs , and when they buy materials at the supply house the invoice will be retail their discount will be on another ticket .  

From all the reading material and bigger pockets podcast I've come to the conclusion that acquiring leads and learning rehab cost is fundamental to most real estate investing vehicles.

I flip and my friends who are REI also seeing shrinking profit margins not only due to rising material and labor costs but also the loss of multiple bids.However, with any market there are locations still commanding high dollar.

He built them with low maintenance materials and just recently refurbished 1 of the duplex buildings with a new 40 year metal roof, new water heaters, refrigerators, dishwashers, stoves and AC units.The 2nd duplex still needs to be refurbished but is currently rented, so this gives the option of forced appreciation.

I’ve started listening to other podcasts, reading a bunch of material and I’ve come up with a bunch of plans just I don’t know where to really start.

You may only charge for contracted expenses, rented equipment, material destroyed, items replaced and actual cleaning expenses.

I am also considering to go to Home Depot or Lows to get familiar with costs of material by myself and also get contacts of various contractors or handymans from my area so that I can just quick give them a call later and find out potential cost by discribing situations.