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?

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.

You'd have an investment and a residence rent free and possibly cash flow on top. 

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. 

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

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.

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

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.  

Hopefully they will get caught and never steal peoples money againHi Sandy,I’m out $20K+ because of them, and as a self-employed single Mum of two teenaged girls, this is a huge blow.