You definitely need to make sure that they're licensed, insured and bonded.

We stopped because the majority of our networth was in property and we wanted to let our stock and bond portfolio catch up a bit.

Our goal is to strengthen the Investor community here and get you connected to the right people to help you reach your real estate goals.This meeting will be helo from 6-8pm Thursday September 8th.

@Sean Tarpenning @Sharif Haleem @Christopher Johlfs @Darrell Thomas @Steven Bond

Investing in real estate with my wife has given us another thing to bond over and experience together.

If its cement block it should be firm if bonded to the block.  

FHA guidelines allow using collateralized loans (i.e. your 401(k), stocks, bonds, life insurance deposits, other real estate) but not anything that would increase your monthly obligation - so private loans, signature loans, etc. are all out for FHA.

If you take a loan against your 401k and consider it as your "bond" portion of allocations- I think this is the best way to frame it.  

The only way I can think to defend against this type of thing is to be involved in the material purchase or to make use of a completion bond.  

My suggestion is to raise some cash for the rehab such as selling stocks, bonds, etc or maybe partnering on a deal if that is possible.