Be patient with returns – In the first few years, don’t expect huge returns.

Getting a FincenID makes it easy if you have more than one or expect future updates. 

I am expecting items to be found even though there is no visible signs of any issues.I will not be surprised if in the near term the prices fall a little.  

So essentially you can't really judge if the opportunity is right for you because he wouldn't tell you anything about what you could expect down the road & by time you got to that point it was past the time to get your refund. 

How much profit at the end do you expect to realize and what time frame do you project to receive it?

Expect delays and unexpected expenses: No matter how straightforward the project seems, having a contingency fund for emergencies is essential.Your Team matters.

On the "most will not cash flow", I meant it as an expectation of rates vs. output.

And someone jumping into this as a complete newbie can expect that they have a decent chance of making some expensive newbie mistakes.

When you go inside, you're verifying that the condition and estimated rehab costs match your expectations.

How much time / cash / other are each individual expected to contribute?