Quote from @David Cherkowsky: Material Participation: Material participation is the key factor here.

An e-course is always a waste of time because all cohorts or coaching win because of the others in the group, not the material.

You should be about 50k out of pocket—10k downpayment, 10k closing costs, and about 30k for materials and slight amount of labor (but you are doing most of it yourself). 

  - 10% on material  from Lowe’s/HomeDepot. - Capital partner that can assist with cash as needed. - potential equity in primary residence Asks/Needs to achieve goals. - In need of assistance formulating a concrete plan to achieve goals.- Assistance putting the knowledge and resources together to close next deal. - Looking to attend real estate meetups and expand network. - Locating and putting together the right  team that’s needed.-  Joining communities and connecting with others on a similar path. 

You want to delegate all the mundane tasks to others and focus on doing tasks that only you can do.While you are calculating the costs of all the raw materials, you also have to calculate your salary into the total cost of writing your own handwritten letters.

Are the people that give bad feedback on the reviews actually the lazy ones who sort of half commit themselves, put half *** effort in studying the material and submit half cocked deals to Jerrys buying team only to be rejected and when they dont make any money in 30-90 days just get angry and decide they will give a bad testimony on rip off report?

But you don't qualify for material participation if you are a passive investor in a syndication.  

The materials charge was $180, and from Google I'm reading that a 400% markup on parts happens sometimes.

Just wondering if there are good internet guides out there to help new investors understand steps in renovations and lay out scopes of work and materials needed so we don't miss anything?  

Plus you’re optimizing for materials cost by reusing and buying some used stuff.