This took over a year to complete and we acted as the general contractor and were on site more days than not.

That will increase your material costs for the job and is the contractor paying for the material in their bid or are you paying for it and paying them a labor cost.

I am a local Realtor and I work with an amazing team of lenders, title companies, and contractors.

@Cameron Porter half off of a $30-40K price may not be enough to make a purchase work.We've seen clients quickly get upside down with Land Bank purchases:(So, proceed with caution and hire a great inspector and contractor to go thru the property before you agree to buy it.

These are NOT employees according to the website, they’re independent contractors who receive 1099 at the end of the year.  

If you’re messaging guests or contractors, save those communications in a folder.MileIQ is great for tracking Mileage.

The Tenant Class greatly impacts rental income stability and property maintenance/damage by tenants.Both Property Classand Tenant Class affect what type of contractors, handymen and property management companies will work on a property.If you buy & renovate a property in Class D area to Class A standards, what Tenant Class will rent it?

A team of lenders, title companies, contractors and RE attorneys, and significant knowledge of the intricacies of real estate transactions, you will be MORE than prepared to dive feet first into your first deals and will do so with CONFIDENCE.

Now if you just buy the buildings, hire contractors, and hire property managers the odds are they won't really be able to get to you. 

Purchase price: $68,000 Cash invested: $70,000 Sale price: $195,000 I purchased a long-term rental property from the MLS that had multiple contractor issues and significant delays.