Welcome to the community and be ready for a huge amount of information at your finger tips.

If we were to split like this on our current development, our engineers would collect 25 to 35 times as much as we paid them on a straight up fixed cost contract. 

After a small amount of due diligence it’s a total scam.

They offer competitive terms and have a robust track record, but you may find their rates and points can vary based on the specifics of the deal.Roc Capital: They focus on fix-and-flip loans with favorable LTVs, and they’re known for quick underwriting.

For amount, it would likely be in the $500-700k range.My expectations are to have a negative cash flow while living there, and possibly a slight negative cash flow after moving out (until interest rates lower or rents increase).

I recently flew to hawaii from AMEX Platinum Points but it was just because I did the opening card promotion minimum amount and got a ton of points.

@Nedim Tokman, I have never heard of Dolf De Roos, so take what I say with a heaping amount of salt: on LinkedIn it looks like his experience is with "property prosperity".  

It's great you are getting set up to start your investing journey, but I wouldn't recommend taking someone else's money on your first fix and flip.

Here’s what I do with my rentals:I either have tenants split the utility bills or include a clause in the lease that states if the gas or water bill exceeds a specific amount ($X), the tenant will be responsible for the overage, provided there are no leaks or other infrastructure issues contributing to the high usage.To determine this $X amount:Water: I take the highest water bill I’ve had over the past year (excluding periods where leaks occurred) and add about $15 to account for small fluctuations or potential increases.Gas: For gas, I calculate the median bill during the winter (when usage is highest) and the median bill in the summer (when usage is typically lowest).

Is this a diy-fix, professional fix, or a complete replacement?