We are considering exploring a 203k rehab loan.

Is it a reputable one?

Contractors spend hours putting together Bid Proposals and it's not fair to them if you waste their time by 'shopping' and price matching with other Contractors.If you 'bid shop' Contractor's numbers you are going to get a bad reputation, and you will have a hard time finding Contractors to bid your projects.Sure, you may save a few dollars upfront, but ultimately you are going to p*ss off a lot of contractors and potentially hurt your business long-term.

Our of state investors such as myself are interested in a long term stable asset from a reputable source versus looking at only cash flow.

Everything from lack of patients to work style to damage to your reputation can happen in a short period of time and cost you far more in the long run than a few thousand dollars for an emergency repair.

Interested to see if you find a reputable source to challenge the value.

I just upgraded to a Pro account and am looking forward to exploring further.  

@Robert JuradoWelcome to real estate world of investing.There are many strategies in real estate and you can explore what works based for your needs and time/effort/captial availability.Some meetings are in https://www.biggerpockets.com/rei/michigan-real-es... and there are others you can find through meetup (dot) com websiteLooking forward to meet you in one of the RE meetings / meet ups.

Their reputation is on the line every bit as much as the operator so they must know everything about the project, deal, team, etc.

I started with turnkey’s based on the fact I bought them from a reputable company and had a one year guarantee on the renovation.