I'm working with a new contractor who has good reputation on service magic and seems like a very nice guy.

Build your network, make those connections, and build a reputation as someone who can make deals happen and you'll find that people bring deals your way.

Start with 1 thing and get good at it IMO.Flipping/Rehabbing will take either cash or a reputation & results.

Of course not, but most of these big "reputable" companies do it .

Here are actual properties for sale on the sites of two of nation's largest turnkey companies, who enjoy preeminent reputations in the industry.Company 1:Sale Price: $109,900 Down Payment: $21,980 Closing Cost: $5,500 Total Investment: $27,480 Monthly Rent: $1,125 Monthly PITI: $725.68 Monthly Management: $90.00 Monthly Cash Flow: $309.32 ROI: 14% Price Per Sq Ft: $73.00 Company 2:Purchase Price= $89,150Monthly Rent= $825Taxes/Insurance -$135Management Fee -$35Monthly Expenses -$170Monthly Income x12= $7,860Yearly ROI= 8.82%OK, if you've on BP longer than 30 seconds, you'd quickly see that there is no vacancy, maint/repairs, or capital reserves.

Especially if you have an reputable engineer's stamp on it.

Unless of course she'd assured her buyers it would lower and now she loses face/reputation...

They know I'm looking for properties on and off the MLS, and I've told them several times I'll list with them for resale, solely based on their reputation in town, and my COI (Circle of Influence).

Make sure you are offering good deals to investors, or you will lose your reputation in a hurry.

Of course, to maintain your reputation for future business, you need to do everything reasonably possible to make sure this is a successful investment, such as performing a quality rehab, placing a good tenant, and staying in stable neighborhoods that are attractive to good tenants.2) Sell your rental property to a passive investor at a reasonable markup, where you then lease it back from them at a somewhat below market rate.