Don't let them pad the front end of the work with all the money. 

It's turned into a money pit, but at the same time it's on a beautiful .90 acres with a view of the mountains and a pool that I had remodeled.

I'm pointing it out because there is no way a channel of your size is worth anywhere near the money you say you were offered.Actually, likely quite a bit more, if you value it based on a GCI multiple.

The appraiser will ask for permits for the work done, and if there is non to be provided he/she will not give the value and in turn you will not be able to get the full amount of money out of the home you were hoping to get.  

The downside of that is I am leaving money on the table.

I've seen many people lose their money.

You add them to make a statement about how virtuous you are, not to make money. 

An example of this would be mixing your personal money and LLC money in the same bank account.3.

It doesn't make sense to partner with complete strangers on the internet that are mores likely to use your money and screw you over.

The BRRRR method and house flipping are both fantastic strategies, especially if you're resourceful and willing to put in the work.If you’re working with limited capital, partnering with others or exploring creative financing options like private money lenders or seller financing might be worth considering.