If anyone plans on trying the 40k Flip program the advice I can give you, is  to make sure you are dedicated, take massive actions never give up even when things seems hard, they will get better.

I’m also exploring the idea of starting a nonprofit dedicated to this mission—helping youth get acclimated to real estate investing and setting them up for a financially secure future.If anyone in this community is interested in contributing or being involved in such a venture, I’d love to connect and discuss how we can make a bigger impact together.

You need someone who clicks with you personally before engaging in a mentor/mentee relationship with the dedication and stress that may be involved.Where to find a mentorStart by looking within your existing network.

You have been so dedicated to your craft and it has paid off. 

@Christopher RankinThe CRM I use is called REI mobile, its specifically designed for real estate investing.

It would involve installing new dedicated water pipes per unit, three combi water heaters (to replace the two conventional water heaters and the central boiler), and three gas and water meters.

Entering 100 expenses at the end of the month is very time consuming compared to Quickbooks or Tiller spreadsheet, plus you cannot do this through the mobile app.

But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200‬/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).

You might want to set up a dedicated email or phone number for tenants to reach you or your property manager.Set up a system for tracking income and expenses related to the property.

We should take them at there word and with the highest degree of seriousness and dedication of intent.