Occasionally we did find ourselves in a tight spot, and had to use my husband's HELOC and 401K, but that was after we had already had success and knew that what we were doing could work.

My strategy evolved to buy and hold, with an occasional flip. 

Does anyone know an agent who wouldn't mind running comps for me occasionally?

My business partner and I own a number of properties throughout the Hudson Valley, some of which we renovate and flip, some of which we're holding long term as rentals.I am looking to develop a relationship with a professional insurance agent that has access and familiarity with a number of surplus lines policies that can cover rental properties, as well as vacant properties and some occasional builder's risk.If you have interest and experience with this, and can handle 20-40 different new purchases a year, please reach out to me.Thanks!

My business partner and I own a number of properties throughout the Hudson Valley, some of which we renovate and flip, some of which we're holding long term as rentals.I am looking to develop a relationship with a professional insurance agent that has access and familiarity with a number of surplus lines policies that can cover rental properties, as well as vacant properties and some occasional builder's risk.If you have interest and experience with this, and can handle 20-40 different new purchases a year, please reach out to me.Thanks!

I set it up to collect rent payments online (via cozy.co) and do regular yardwork, where I occasionally see them.

I'm a contractor,& have worked with Realtors extensively.have your Realtor ask around the office for someone that does repairs/inspection punch list items, they will be able to clean up that mess for you at a MUCH lower priceYou most likely won't have black mold, but Dawn dish washing soap will cleanse everything of mold"Home inspectors will verify"secondly, after all the moisture,& suspected mold has been cleaned/dried, you can simply use good sealer/primer on wood,& concreteI would guestimate around $3,000-$6000 for the entire job including hardwoodsMake sure you block any air intrusions in the crawlspace areas, Colorado can be hard on water lines :O}

I have a question for all the FHA Expert lenders out there..My second (freelance) job takes me out of state occasionally.

I'd like to invest in San Diego, but it will take a lot more capital than say back in the Chicagoland area (where I'm from).From a flipping standpoint, it is recommended to be relatively close to your properties, as you may want to check progress occasionally and don't want to spend most of your time traveling to your projects.

But the reality is that you'll occasionally come across bad apples, despite them looking good on paper.