Ability to use a low down payment loan through the home possible program because FHA would not be approved on this as-is sale.

There are a lot of properties in less desirable areas that I could get into and some in gold areas that don't offer as much ability for forced equity or roi.

I'm not sure the exact guidelines for approving this lender, but I imagine it's very basic: current contractors license, liability insurance, business license, ability to submit an itemized bid, statement of work with milestone payments, and a clear understanding of how the draw schedule works.There is an independent organization that has a database for GCs who want to get certified in this space: 203kcontractors.com.

I do not have the ability to calculate which would give the best result.Walk through: https://youtu.be/plRb6aX1e2M2 images: https://imgur.com/a/JIdhtihPurchased for 131,000.

I do not have the ability to calculate which would give the best result.Walk through: https://youtu.be/plRb6aX1e2M2 images: https://imgur.com/a/JIdhtihPurchased for 131,000.

If you have the ability or the connections to accomplish a rehab your margin looks decent.  

As much as you say “repeat business”, unless you have a track record of a lot of deals, you don’t have the ability to promise this and should treat the first deals as standard sales.

Suggest they put up an electric fence and send them a bill for damages to the property. 

This is my first post, but I hope to be a regular contributor as I continue to learn and grow my investing abilities.

These include your experience in the specific business and in business in general; your business knowledge and acumen; your ability to make decisions under pressure; ability to manage other people; ability to handle demanding clients in highly volatile situations, marketing knowledge and ability, amount of capital, and of course luck.You’ve got to ask yourself if you really have the attributes to run a successful business.