Focus on performing your day to day operations in a manner that will reduce the risk of claims in the first places such as hiring reputable service providers, sign contracts each time you engage a 3rd party vendor & collect insurance certificates where you are listed as additional insured from everyone who performs work on a property you own or provides a service related to a property you own.

This is my first time using the forum and was pleasantly surprised to see so much engagement so quickly.

Welcome to BP Djawene, we noticed you aren’t a Pro member at this time and we would love to offer you a 20% off discount to start taking action in investing with confidence!

Really looking forward to engaging with others on this platform.

As a hypothetical example - If I engaged you for legal services and made you a co-gp for those services.

But this is the bread and butter of what I do in Detroit.Pay cash, do the renovations, then refi out.As you mentioned, you need to be confident in your comps so you can put an accurate ARV on the project before you pull the trigger. 

You can learn a ton through social media and then once you have nailed down who would be the best fit to join up with, you can drop that much money in confidence.

That will provide you with confidence knowing there are no taxes owned or unpaid liens.I have worked with Lucia Rushton in DFW multiple times who can great agent and it is well worth using her to avoid painful mistakes! 

There will never be a "perfect deal" in my mind, but something that works best for them at that time, and something they have the upmost confidence in is ideal. 

Welcome to BP @Patrick Braswell, we noticed you aren’t a Pro member at this time and we would love to offer you a 20% off discount to start taking action in investing with confidence!