I am currently looking at a property that needs a full renovation that I'm cautiously estimating to be around 50k.My plan is to live in this home after the remodel and then in time buy another home to move into and rent this one out.I am thinking that the smartest thing to do as a beginning "investor" is to hire out the work to a general contractor instead of physically doing it myself.Does anyone have any recommendations for a good GC in the west Houston area for a 1,750 square foot two story home? 

I have seen offers come in that seem to look like good deals, but I haven't pursued any as I am cautious about them.

I would still be cautious about providing a super hyper-local map to rely on, which increases temptations for investors to blindly follow a map due to its accuracy at its time of creation, and placing lesser importance on recent comps to their subject property.

Banks are very cautious today about borrowers being over leveraged.

@Juanita LopezI get being cautious, but if you guys your potential success by how many others are doing it, he probably wouldn't be looking into real estate in the first place.

If they wont give you conventional loans I would be cautious because banks tend to approve for more than one really should borrow for a primary IMO.

It sounds like a really cool opportunity I would just be super cautious and get the necessary people involved when going over the contract.

be aware there are due diligence pump and dump scammers all over the private money lending space.. so be very cautious of unsolicited contacts you get.. they will want a fee up front..

Be cautious with that option.

That being said, 1) You need to be careful not to buy in bad areas as many of these cities have them and they can cost you a lot if you don't know what you're doing and 2) now is probably a time to be cautious with BRRRR as the whole Covid-19 lockdown makes things very dicey.