For them the sticker shock is real :).

In particular, I'd suggest asking those folks about what types of challenges they encountered, lessons they learned, and mistakes they made with OOS REI ...It's a lot easier, safer, quicker, and cheaper to learn from other peoples' mistakes than to make your own...Good luck out there!

@Elijah Rotenberger Hey there, it's awesome to encounter another Kentuckian on BP!

Most jurisdictions require a GC if you're not the owner, and on a new build you'll need someone to be there for inspections, etc. which if you're flipping without a permit you probably haven't encountered that.

I house hacked with 4 roommates (at one point split my bedroom and had a 5th roommate) and it wasn't fun, came home and had to deal with issues, fixed problems, had some awkward/difficult encounters, but it was all part of the process and well worth it. 

You must stand out, theme the bedrooms in a big way, not just stickers and bed sheets.

The people I’ve encountered in my 40 + years as a real estate investor and private lender who are successful have the following in commonThey are educated as to principles of real estate; real estate law; and real estate financeThey LEARN something new about real estate investing almost every day, and are open to realigning their strategy, tactics, and portfolio to encompass new information and knowledgeThey SPECIALIZE either in a strategy, property type or geographical area, and become EXPERT in that areaThey have survived real estate “depressions” where property prices have dropped 20% - 50%They understand the difference between real estate investing, operating a real estate BUSINESS, and having a real estate job.They network, for knowledge, capital and most importantly DEAL FLOWThe key thing to consider when you watch a YouTube video, take an “introductory” seminar, or read a guru’s website, is what is the subject persons BIAS?  

I am encountering roadblocks when it comes to our credit score (mine is good / his is crap), experience with flipping (I have no experience / he has 22 years of flipping experience) and the amount of cash liquidity that some of the hard money lenders want is still on the high end especially starting out.

Factor in mistakes, travel, taxes, regulations, bad people and any other variables out of your control that you will encounter in your journey.  

Anthony and his crew were the most knowledgeable counselors and negotiators that I have ever encountered.