Do you manage all of the separate trades or are you able to get this type of deal with a GC?

What CAP rates are similar properties trading for in this market?

you can generally get a no money down dealMy favorite IRA custodian that puts together the paperwork for private lender money is www.trustetc.comResearch on that site "private banker concept"Personally I hate banks, and try to avoid them at all costs Lastly You can look at 1031 trading properties like a bunch of houses for a small apartment building too@Brad Kirkconnell

Likewise, I don't expect any funds to need the plumber to swing by and give them a good snake.

REI ultimately allows you to spend your time doing what you want to do (like helping out in Pakistan) instead of trading your time for money to make other people rich. 

I am at a loss as they are extremely well funded & do not need the father 'financially', furthermore he cannot 'swing a hammer' & his advice on REI, rehab fundamentals etc is way off base (yet he proudly proclaims that he has a substantial investment in the Iraqi Dinar & advised all his kids to invest heavily into silver when it hit $50/ounce !!!)

It's typically on the fourth Wednesday of the month, but I think December's has been moved to 12/16 at noon.It has a good mix of experience and specialization.As an electrician, don't you already have connections to the trades?  

Assumptions are made with BRRRR, 1. that a lender will go to  80% cash-out, 2. the value will be based on the appraisal, 3. that you'll be a strong enough borrower to swing such a loan and 4, that such lending is available in your area.

No apartment manager would allow that.So I'm starting to wonder if there is a trade-off:  "I'll live in a fourplex (instead of an apartment complex) as long as I can be more relaxed about junk, behavior, tenant screening, etc."

@jefflezark, Ya I was skeptical about having to put money up front, but seeing that I don't have to make monthly payments during rehab I look at it as a trade off.