Hey BP!  I live in St. Louis and am recently full time in real estate with wholesale, wholetail, rehab, and retail.  In addition I'm looking to pick up a rental every year or two to add to the 4 I currently have.My qu...

The other is once he has the job locked down, he doesn't really have an incentive to fix it fast since there is no real reward at the end of it while you have to cover the carrying costs. 

This is out of my personal area of expertise, but if you plan on increasing value, perhaps a nice interest-only loan offer would give you cash flow, and then you could pay them out when you raise the value and refinance.

I know I have a weak spot sometimes for putting in 75% of the effort in exchange for 50% of the reward.

I'm trying to be more active on BP however I dont have a lot of expertise yet, but I have some time and drive!

The higher the risk the higher the reward.

Even if they technically have the legal right to be involved but it is clear they are relying on your expertise, then you can still have a securities issue.Then next issue is how are you going to make money?

This can definitely be a scary but rewarding experience! 

The chase is what makes this so rewarding, at least for me.

Shopping now for a credit card with cash back or other usable reward tied to it.