I checked on the home for him on a daily basis, found repairmen to fix the property etc.

I tell people to start by picking a strategy (OOS long term, OOS short term rental, fix and flip, etc) THEN pick a market and submarket THEN look for good tools/people, doing it any other order tends to be an exercise in futility. 

Hi everyone,Does anyone have any useful spreadsheets / checklists / anything informational as I begin my journey into fix and flips?

Enter a strong rental town with lower cost housing, fix it up nicer than most stuff in town & lease (and repeat over and over). 

There are many reasons why I haven't pursued the arbitrage model, but mainly that it takes too long for the ROI after investing all your time and effort into buying furniture and renting and paying utilities.Let's say you rent an apartment for $1500 and you spend $7000 to furnished it.

You can also make your place more trouble-free by fixing things up front that are most likely to break (new light fixtures, light bulbs, door locks, etc.).

Too bad most REI clubs don't adopt the model embraced by the FIBI clubs in southern California.

WE create value so different bizz model and my capital partners ( I provide the capital) have done equally well in value add.. in my mind what slowed was the vanilla rental real estate bizz.. we all know that rates rose higher than rent.. so cash flow got squeezed ..

I would recommend taking a look at the BRRRR model in a cheaper market like Columbus Ohio.

Investment Info:Single-family residence fix & flip investment.