Unlike investing in random properties, their methodical approach ensures that each investment is strategically placed for the best potential.

I do not want to pay a plumber to do the plumbing for this work.  

the unfinished basements have plumbing in place for drains and egress windows.

Currently down to studs with plumbing going in.

This usually means all updated electrical, plumbing, and roofing.

That way, you can get your foot in the door, start building equity, and stay at home a bit longer to save more money.You could also consider the BRRRR method where you buy a fixer-upper, rehab it to add value, rent it out, and then refinance to pull your cash back out.

With foundation issues, one could have plumbing, drywall, flooring and even roof issues and alot more.

If you have the time to devote to it, direct to seller methods can be very effective, but will take ultra-patience and intensive work. 

Even if they do not, it’s not your legal responsibility.Long version: It actually depends on your method of payment, and it’s not always clear.Credit card payments: clearly not you problem, no 1099s needed.Zelle payments: you DO need to send 1099s for Zelle payments.PayPal, Venmo and Cash App payments: this is where it gets tricky.

So the major issues in a house are a foundation issue or a structural issue, the next tier down would be a mechanical issue like Electrical, Plumbing, HVAC, then roof - which isn;t an issue a new roof is very common in a fix n flip, and then the outside facade: Brick repair, driveway repair, brick pointing.