My mentor gave me a list of about 70 target houses in the area, which I have since door knocked and dropped off fliers.I figure the process of finding a ripe deal has a basic system.

Well basically i put 90k into a property and I’m selling it for 175k.

I have flipped one house that was a “learning experience” (aka I basically broke even lol).  

Not one of the banks I've talked to (5 now) knew anything about the NCGS/NCAC rules or even the concept.

Basically is your solution solving an issue for them or creating one?

Originally posted by Account Closed:For a small basic house you should be able to build for $75/sq or less.

The seller basically owes what the house is worth. 

Here are basic stats on single-family home sales for March 2018 for the City of Austin and the greater Austin area:In addition to Austin's housing supply and affordability issues, we can now include increasing mortgage interest rates to the significant forces applying downward pressure:The Fed is anticipating three to four rate hikes in 2018. 

from my point of view if your an individual and not partnering with folks who ever is going to sue you is going to name you personally.. this is where you need good insurance to take up your defense as your first line of defense.whether they have the right to sue you is immaterial.. or whether they will prevail is immaterial.. if your operating as a group or partnership and have clean records this can limit your exposure to your ownership.other than that  retirement accounts should be maxed out they basically cant be touched... certain trusts.but just LLC labyrinths like you mention.. those are not going to do it for most or.. you will spend a ton of dough fighting to make the position they can't sue you. when suits happen everyone is named .. that's when you need good insurance to handle your defense.

I have dealt with (usually older folks) yelling at me and basically lecturing me to the point I literally could not get one word in.