You're inheriting those (some known and some unknown). 

Quote from @Evan Polaski: @Chris Seveney, I hadn't looked at any details on this offering into now.Things to consider from their own marketing:Operating partner has done all of 10 flips.Their entry price point is a price that I would expect any truly experienced flipper to be able to take down very easily on their ownTheir historic IRR, while high by MF standards, is average, at best, from my experience with flips, and it is unknown if this is net to LP returns.I have flipped homes myself, so am not their target investor.  

Was last year abnormal or you think the normMy guess is you will spend a lot more than $200k on an attorney with benefits etc. but if it cuts down in expenses it definitely is something I would consider and even if it costs a little more, having control with having someone in house does reduce unknown costs and risks. 

And the unknowns of a build, as you point out, are also hard to gauge.

Low insurance" is concerning to me, as Athens gets a LOT of high wind / weather / tornado activity for unknown reasons - they just got hit again last weekend. 

@Nicholas Nakamurain order to be successful, you will need to build a network on the ground in Ohio with people you know and trust. buying a random property on the MLS in unknown condition based on other people looking at it, and putting it under management with people you have never met, will not work, and you will lose money.https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1137397-balti...so - what's your plan? 

I’m working toward my first deal now, and your story reminds me that success starts with stepping into the unknown.

If anyone has any unknown suppliers that I'm not thinking of please link them!

Real estate investors are sitting on an untapped goldmine of financial leverage through EIN Corporate Credit, a strategic tool many overlook. This is NOT Business Credit.
By establishing a separate corporate credit ...

Finally, we asked Maria to escalate this to an unknown Kiavi staff member.