Absolutely make use of all the online tools available throughout the processEvaluate resumes and reviews/recommendations from trusted resouces, peers and past clients (like you would on LinkedIn for example)Narrow down your search to the top candidates and schedule in-person interviewsChoose your top 3-4 final candidates and check referencesThen ask at least three to provide bids for your scope of work requiredEvaluate the bids and pick your top candidate...then there is one crucial step left...Make sure to take an in person look at the physical finished work your final chosen contractor has done recently.Like almost everything else in real estate, choosing a great contractor requires time and effort.  

these homes are traded more like commercial properties.. once they become rentals they pretty much stay that way the rest of their lives... so the resale value is totally related to the gross rents.. as each investor gets taught the 2% rule or 1% rule etc etc..

We can make it a total of 5% by paying the remainder.It may sound odd - but the thing is - i can simply not nominate an agent next time.

i just finished investment course on-line, What looking to learn more of  buy, Fix n flip, fast cash & cash flow etc....

I guess what I don't really understand is when you refinance do you just get a check from the bank for the total amount (whatever it may be), and whatever is the left over equity basically is the cash I would use to reinvest?

A 2 BR or 3 BR townhouse condo in the same complex easily costs 3x - 5x as much to rehab if it has been neglected since the 1960s, while only drawing 1.5 - 1.8 the rent.The purchase price for the latest unit is $18,000, and closing costs including reimbursement of pre-paid property taxes will bring the total to $18,700.  

We advertise online through our PM software (Rentec Direct), which syndicates with several websites.  

They are as followsThe 3 are all located in Phoenix, AZ and all rented1: paid $180k was rented before it closed, paid cash with an HOA of $200 monthly and rent of $13002: paid $135k was rented in 1 day, paid cash with an HOA of $200 and monthly rent of $11003: paid $215k rehabbed total $260k mortgage on property is $100k with payment being $800 a month, and HOA of $50 a month rented for $14754. looking to buy a house in Colorado, where I will rent it out and also live in it.

However, real estate business is not that easy, so learn as much as you can through online resources and then look for a mentor. 

Plus the most successful realtor in the town is also a friend, so I feel safe about all information they are providing.Property Info:5 total units: 4 - 2BD/1BR's and 1 - Owner's unit 1BD/1BR w/ a loft and garage.