Risk assessment and mitigation: Quick analysis of crime rates, school quality, economic stability and environmental risks. 5.

Are their listings detailed with good quality photos?

Under bidding, poor quality, not following timelines - those will all kill your project.

This attracts a higher-quality renter, ensures funds are available to maintain the home, and reduces the risk of major losses.

You get so much wealth and start getting older you enjoy the business but focus on quality of life more and memories. 

Let them know that there will be routine quality control checks/inspections so that if your third party inspector finds any issues with quality, the GC will be responsible for paying for the correction.These are just some theories that I think will help and plan to implement when I operate out of state flips.

If you don’t have one already, try adding a video or virtual tour to attract more interest.Make sure your photos are high-quality and show the best features of the home.

I would base accepting them on asset quality. 

@Mike TikhRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

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