For first flips better to start with a  small cosmetic rehab  until you get to know the process and the team well.

Quote from @Daniel Windingstad: Quote from @Obed Calixte: Some people have the personality, processes and systems & time to self manage, some do not.

You'll typically need to set up your account and get familiar with the process of working with the local housing authority.

Can someone walk me through the thought process I should be using when constructing the offer?

Experienced developers, could you tell me how the process/financing works?

Offering a streamlined process, no repairs or renovations prior to selling, no market costs or agents fees for my family member, in return I will gain invaluable experience in the market and in the field along with providing my family with wholesale services.

It’s an interesting approach, but ensuring a strong screening process and a legally solid agreement is key.

I’m in the process of purchasing a second home in Aspen, CO, which will also serve as my first STR property.

Emphasize how this arrangement could work to their benefit, offering steady income, avoiding a traditional sale process, and giving them the freedom to move forward with their plans such as buying that sailboat and sailing around the world.If they ultimately decide they’re not interested in selling, you’re still in a great position to continue your search and buy your own property in the near future.

I am in the process of closing a 1031 DST transaction with a "flat fee" broker.