Quote from @Scott E.: Quote from @Carlos Ptriawan: totally agree, key point is don't lose money by not having complete understanding of future risk.we're in the great collapse of CRE market and LP is destroyed because the passive investor is the dumb money, time is important but not to lose money is incredibly even more important , the total collapse in many commercial real estate sector is way beyond 2008 as it seems.Carlos, where are you seeing that "we're in the great collapse of the CRE market" ?

There is a batch of brand new people with no real estate investing experience who hop on the welcome train (maybe to be nice, but more likely to boost posts) over and over with very patterned opens.Glad to hear it.

We create brand-able and share-able reports with all the variables and charts to help visualize an investment in order to share the reports with business partners, realtors / clients, banks, potential clients, etc.Hope this helps, let me know if there is anything else I can be helpful with.

@Jim Bouchard agreed with everyone just normal wear and tear, it happens. we just leased a brand new construction home and they've had like 4 things we've had to send someone out for (luckily all under warranty), but sometimes that stuff just happens.

He has no safety net so I don't think its wise to take the risk because if he did a deal, lost disability and then since hes brand new to REI lets say it takes a while until he gets his next deal I just want to help advise him best!

Once you move forward with someone you have vetted and feel comfortable with co-living, you can use the message templates to inform your tenant, upload your lease for e-signing, and collect a deposit and rent.

Getting $235K in Maple HTS is a hefty price tag unless it's a brand-new build.We've managed to bump up low appraisals by $20k in Maple HTS, but it really depends on the specifics of the deal.     

.: @Jay Hinrichsinteresting point - would obviously help brand new homeowners who are $5K short, or just over the DTI threshold, or whatever. 

Look for brands like LifeProof, COREtec, or Shaw, with a 12–20 mil wear layer to handle heavy traffic. $2-4 per sf.Rigid Core Vinyl: This material is available in SPC (stone polymer composite) and WPC (wood polymer composite) types.

i do think it's challenging, though, for a brand new investor with zero experience to jump right into a huge rehab with a contractor they've never worked with before.the contractor might want a larger up-front payment to mitigate their own risk, and they're not going to be interested in any kind of fancy nonsense like a 'penalty' when they know a new investor has never managed a large project before.i have also found that some contractors, including reputable ones, don't even want to share itemized bids because they just don't want to have to argue about the individual line items.