Be sure to understand whether or not your home is under the Historic Society as they limit the types of materials you can use for rehabs.

Also on the council notes are discussions on the infamous "centre plan," it sounds like they're gonna promote making our city more dense and to facilitate an aging demographic by allowing in-law suites in R1 zoning.

We hear horror stories of contractors smoking inside projects or using the cheapest grade of materials and have been called to correct another contractors work (more expensive than our original bid).

This allows you to set up a weekly payment plan and ensure you contractors can eat and you can sleep easy knowing the work was done and there is not a bunch of your money in someone else's bank account that might not show up next week.Now for materials, I recommend having your contractor buy them or put together a list of materials they need for the upcoming week.

While going over material, there was something that stood out to me that I didn’t know before.

So it may be wise for you to get yourself educated for a bit first and put the money into a low-risk liquidatable investment or savings account for now.Lastly, I swear BP isn’t paying me to promote this book, but I did recently buy and listen to the Audible version of the BP Publishing book by David Greene, Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties, which you can find on the BP Store or Amazon.

We saved up extra pays from military deployments, cashed out stocks and mutual funds, When we got a promotion, we set aside the funds over the old salary for a deposit. 

He kept collecting advance payments (saying he needs to buy materials and pay for subcontractors).

Buy a targeted mail list of baby boomer home owners in your area that are in their 60s and 70s and do a direct mailing to seniors in the area, promoting your community and/or invite them to an event at your facility. 

@Jason Lee described my experience pretty well- I didn’t join a brokerage, and honestly, I’m lousy at self-promotion.