However, I had to subordinate the sellers note to 2nd position (hint: set up that language in advance to streamline the process, if that's the direction you're going to go).Since the ARV was high enough, and the potential income would support the mortgage and expenses, it all worked out. 

I’ve seen folks pivot their plans quickly if they discover one city has friendier permit processes than another.And yeah, the Phoenix area has some really down to earth investor meetups, from what I’ve heard, that can help you level up fast.What aspect of the business are you most excited to tackle first.. managing construction, or scouting out those under the radar leads?

They are doing their underwriting process.

For example, our process on setting fees and splits is to underwrite conservatively for LPs to get 80-100% ROI on their money in 5 years.

While I was scared, I still proceeded since I had just learned the general process from my course.

I'm open to suggestion regarding strategy and location and willing to put in more work for better returns, but I certainly need to grasp a better understanding of the process to get started across the border. 

Obtain the necessary insurance as well to guard against any hazards or damages that may arise throughout the renovation process.6.

We plan to come back live in it the other 6 months, fix it up more, repeat that process until we can find another deal that makes sense for us. 

Scheduling is knowing the building process and knowing who to schedule when to ensure there's no delays in work.

Addicted to the process not the end result!