I agree too, just use a HML or find yourself a money partner who is local as Jay mentioned.That company certainly has done a marketing job on newbies, that fee is to wash out bad deals and not burn up their time.

Hey, so I just got a deed on a tax lien and somebody burned the property down before I was able to get insurance on it in Phenix City, AL…what can I do about that?

So, how do potential buyers come to understand builders who have more flexibility to negotiate prices downward without burning a lot of time?

The tenant's mention of a lawsuit is typically an empty threat.As someone that's dealt with plenty of mold and mold claims, this one looks like a fat nothing burger.

Very rarely, those cases happen due to some fat tails event-- recession, war, pandemic, etc.

Audit expenses and cut the fat.

If your properties under management are generating steady income for you close to or even exceeding your initial expectation, yet you scan the work orders and find more fat that can be trimmed which would yield even more profit.

I don't know about you, but that seems ridiculous and extremely dangerous to me. you can definetly learn it in less time than it takes to make 20k its a fat waste of money and an mlm

To which my response was, "so 5 min to complete, 1 hour and 55 min to make sure the new battery doesn't explode in the remote and burn down the entire neighborhood?"

Just make sure you do your due-dilligence so you don't get burned.