I'll give an extreme example of the differences.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

Knowledge is power, especially when it gives you different options.

Quote from @Warren Powers: The problem I have with this is that I see no advantage for a successful property owner to participate.

I currently live in Southern Maine and am looking to construct some kind of new project rather getting into rehabbing existing residentialProposed Land Budget 100-200kConstruction Budget: 400kAll in 500-600k.I have found that if I do the site work myself including clearing, septic and digging the foundation is that i can sub contract out either steel or a Lester style building (50x150) for around 300k installed with insulation and power , divided into three 2500 square foot units. 

Finding it through your Facebook sphere shows the power of networking, and keeping the rehab cosmetic was a smart way to minimize risk and maximize profit.One thought: Have you factored in holding costs, loan interest, and potential market fluctuations during the 45 days?

Something is definitely extremely fishy going on with this Eric Spofford dude.

I vetted out a lot of the other turnkey property companies on Bigger Pockets before deciding to go with REI and I feel extremely confident REI is the best. 

I may not have resources today, but I bring something just as powerful: the willingness to outwork, outlearn, and outlast anyone else in the room.Here’s what I’m focused on:✅ Learning from experienced investors.✅ Building strong relationships and partnerships.✅ Exploring creative ways to get deals done, even without a ton of upfront capital.I know that success in real estate is a team sport.

Be extremely cautious when processing your next applicant, this one seemed doomed from the start.