If it's good enough to wholesale, it's good enough to fix-n-flip.

As mentioned before, it took a few rentals to find that perfect price point that allowed for "partiers" to stay away, but of good enough value where we would actually get interest.  

Do I have a system to handle this issue, am I protected, are my rules and regs good enough, how far should I go with updates, etc... lol Such a learning curve but after reading your post I am realizing that its one day at a time and evaluating the debits and credits every month as I shape and mold with the new experiences I gain...

I know I am not good enough (or not skilled enough/knowledgeable) to do a Flip.

If you were able to negotiate a good enough discount, you’ll have no problem getting it off to one of your known buyers.Step Last:After you have done all that in your local neighborhood… just move on to the next one.Also Daniel, just because I think you might get something out of it,I am teaching a free class for a meetup group this Tuesday evening.

If somehow that is not good enough, who is going to press charges on you (good luck talking to the bank)?

Single member LLC offers little asset protection anyway.If the deal is good enough, you have a few choices that immediately come to my mind:Take title in the LLC.

Look for someone who wants to partner with you without doing any of the work, basically just a cash investor.Flipping houses is cool, someone will want to jump on board if the deal is good enough.

If you are going to be a buy and hold guy - be that, and buy whenever you find a deal good enough to buy, regardless of market cycle.

@Evelyn CastilloHard money loans are are short term interest only loans and are made for short term now you can use them and the same lender can give you a long term loan as a refinance around 7% and if you find a good enough deal you could still cashflow.