Close to the University of Virginia and a large research hospital. https://www.airbnb.ie/rooms/851008521978902877?

as a flipper, with the participation of a wholesaler and a hard money lender, what actions should I take BEFORE I close and buy a house (tell me step by step please because i dont really understand the sequence of events) and also please tell me when to do due diligence to make sure how much does it cost to renovate the house and is it worth buying this house?

I've closed a bunch of loans with Kiavi, Roc, and a few with ABL, I also closed with RCN, Easy Street, Lima One, and some smaller private lenders.I've come to the conclusion that the experience at the lender is not globally good or globally bad. 

But, a fair deal and a good deal are two different things.

My concern with declining values, increased inventory and a weaker economy would lower rental income and could potentially put me into a negative cash flow situation.

People don’t want to share their quiet neighborhoods with renters who don’t value peace and quiet and a sense of community.  

Hi Simon,Scaling from single-family to multifamily is a solid move, and a 10-15 unit building is a great next step.

They can screen tenants and place them, they can handle repairs, they can deal with evictions, they can handle rent collections, they can handle laws.For 10% and a months rent they can deal with this. 

The guarantee of getting paid and a high hourly rate would be what would entice them to use the hourly rate structure over a commission structure.  

As a result, we have significant water damage to the floor and rugs in that 2nd floor bathroom and a bedroom, plus there is even more significant damage to ceilings, walls, furniture, and rugs to 2 bedrooms on the first floor.Our initial goal is to dry as much water as possible with wet-vacs and dehumidifiers.