As a contractor and cabinet maker it made much more sense financially to purchase a home with a rental unit and manage the property myself.

**As investors, you are closest to the consumer (home buyers/renters), so you tend to absorb costs and reduced profits from unexpected spikes in expenses that wholesalers or contractors pass on to you!

Someone with limited ability to manage 2 or 3 SETS of contractors is not going to have successful rehabs.

Great place to meet other investors, agents, property managers, and contractors.

This factoring includes the presence of competent contractors who can limit unforeseen surprises and costs.Myth 2: They're Too Risky to Invest InThere is risk in any investment; however, distressed properties are not inherently riskier than any other real estate investment.

The tenant understands that the property of the Tenant is not insured by the landlord for damage or loss of any kind (action of third party, fire, water, theft, vandalism, storm, heat or cold, electrical damage, pests, mold, accident, etc.), and the Landlord assumes no liability for such loss.

As a general contractor, i feel best suited for fix and flip or BRRR method investing.

He’s a general contractor in Chicago that does large rehabs and buildings. 

Find a contractor to help with repairs estimates or read J Scott’s book on Estimating Rehab Expenses.Good luck getting started!

Any referrals or recommendations for good and qualified brokers, sellers, property management companies, loan brokers, insurance brokers, mortgage brokers, contractors, etc.