You can definately do this if you are determined, learn everything you can, work hard, be patient, disciplined, etc.You could work your way from bird-dogging to wholesaling to a couple of low-end flips to your first buy and hold, etc.

If the building is new, you could be alright with an Actual Cash Value (ACV) policy for the first couple years and the only components that will be significantly hit by that are typically finishes such as paint, carpet and wallpaper and they are generally not the most expensive portion of a major claim.

They will be the only one that will be able to totally define for you the questions you ask.

Consider this; If a committe would nominate business entities to do business with, from names placed in nomination, what would be the scoring requirement, it needs to be clearly defined.

I did some more thinking about this last night, and I think we're going to try to have them first define everything that was said in the citation (ie, define a carport, portico, porch, etc) and show us where those items in question are on our house plan.

Most work like this: 1) Must have a contract for A (property owner) to sell to B (you). 2) Must have a contract for B (you) to sell to end buyer (C). 3) A defined timeline as to when the two seperate transactions will take place.

I'd definately pick up as many properties as possible right now.

Plus, there is never a trust issue, so if I decide to go on vacation for two weeks at a time, I have nothing to worry about.The key is to make sure that if you work with relatives, you ensure that roles and responsibilities are well-defined, and that during work hours, personal issues never get in the way of work.This can be hard to do, and if you don't think you can do it, I would recommend just not working with family

If he agrees to lend you extra money (whether it's an extra $10K or an extra $100K), he can do that.Just make sure the agreement is well-defined in a contract...

The deals are definately still there, but the capital is a bit more elusive.