Networking with other local investors or joining a real estate meetup can also help you find great lenders, property managers, and contractors.

Consider bringing in an experienced property manager, contractor, or mentor to guide you through the process.

I'm a licensed RE agent, contractor, and investor. 

It will likely be a web of contractors, engineers, and architects, but some those are ultimately leading to the developer. 

You may want to work with an experienced contractor and/or other experts who have done this in the past.Disclaimer: While I’m a licensed attorney, I’m not your attorney.

She owns a PM company and she is also a licensed contractor because she was tired of GC's ripping her off. 

.- The 203(k) will allow you to bid on properties that need repairs that won't qualify for a traditional mortgage => less competition => better purchase price.You will need to find a great local contractor you can trust to supply the required bids to qualify for the 203(k).- After closing, you can do some of the work yourself to save money, but the program doesn't allow you to pay yourself.You will want to buy a Class B property, maybe Class C+, in an area that seems to be improving.

It helps to build a good network of reliable contractors, especially if you’re investing out of state.Section 8 has been a part of my strategy, and while it’s not all rainbows, it’s been a solid way to build consistent cash flow.

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

If you're willing to be more active, purchase a property or two in an area you personally know well and have key contacts (handypeople, contractor, lender, etc.).