A reliable contractor and an exceptional agent can make all the difference when things go wrong.The Outcome:This was a humbling experience, and I still wonder if I could have done anything differently (besides the insurance). 

Your knowledge in construction, design, and different strategies will be a big help to the community.

Quote from @Jonathan Soto: great write up. thank you for taking your time and going in to detail. i have been looking into a business for myself but havent seen much in biz bysell that make sense. just need to keep searching Try looking into Crexi and Loopnet too, I find all different kinds of small businesses for sale on those websites compared to Bizbuysell.

We have seen maintenance costs skyrocket over the past 2-3 years and every case is different but here are some general guidelines for reputable (non-crackhead) investor level pricing in our area of operations:Furnace and A/C replacement with lineset for standard 3 bed 1 bath bungalow.

Hey @Brad Roche - We do a significant amount of renovation loans (both Fannie May & FHA) here in Chicago and prefer the Homestyle loan only because it's less stringent on the borrow about what they have to repair, and they provide the general contractor a material draw at closing which helps the project start on the right foot.I thought the minimum down payment was 5%.

Quote from @Simon Walker: Quote from @Andrew Syrios: Could you "split the difference" so to speak and go back to work for yourself but limit the number of clients you take on so you only need to work 20 or so hours a week?

Think of it as insurance against substandard work or faulty material.

All land courses are the same in essence;What is your end goal is the only thing that is different?

Is there a significant amount of difference between what you can buy a fix for and what you can sell the finished flip at?

The house's exterior is constructed of brick material with a flat tile roof.