That is critical information in crunching the numbers and properly analyzing the deal. 

It's critical to success in this business.

have you run a pro forma and critical path on the deal to determine the financial performance and time required to put the project together?

At this time I found out that he had 6 other properties out on the market that were just sitting there and he didn't have any other exit strategies.Now I have already felt the sting of my mistakes, and there is no need to shoot a wounded man, so I am not so much looking for criticism for investing with him, rather, I would like to know what you would do if you were in my situation and you had just heard that you would not be getting all of your investor monies back and that he didn't have any other strategy besides waiting for them to sell.Thanks for your comments.

Many newbie investors have not developed good critical thinking skills or strong "BS detectors" to discern the talkers from the doers.

I am hoping to receive guidance, criticisms, networking and hopefully leads.I have technical experience, capital and commitment to offer - but would like to expand upon these attributes and connect with someone who has actually done some thing in this space.

Arguably, marketing is the most critical aspect of this business...why?  

The conventional rule that govern DELAYED FINANCING are as follows:You will be limited to receiving back your purchase price + closing costs when you bought the home.....or....75% of the After Repair Value(ARV) within the first 6 months of ownership....WHICHEVER IS THE LOWER AMOUNT <-- Super critical rule hereSo let's practice.  

Even if you lived here it's highly advised that you find a top agent, and then with you being out of state it's even more critical. 

Hello there! Thank you for you time. As the title suggest, I'll be sharing my plan of action. Do post in the discussion where I can improve upon it, or perhaps what you'd do differently if in my shoes.I'm a couple of ...