@Mike JohnsVery inspiring!

That's the place where many are stuck and everyone seems to have a story. 

They will tell you a story on how the property has been managed, what has been replaced/repaired and how the expenses have varied during that time.Otherwise, I would agree with Ethan on the value if not less.

If the LLC sells to that remaining partner, who creates his own LLC or not, is that a different story?

I was once told a story of a guy who bought a piece of plywood for his roofer and got sued for millions when one of his roofers workers died on the job.

Hello everyone,I am trying to learn about house flipping, concentrating in the Chicagoland area.I have always heard of many contractor horror stories, I don't want to fall into this trap.How do I find an excellent contractor to flip homes, that is safe and does a great job?

We've gotten a # of staff from other big places here that were unhappy with how they were being treated - I know they never treated a resident bad at the previous place of employment but I'd get stories of things that other staff there would do which is sometimes why they'd leave among other things.Best of luck to you.

Here’s an interesting articlehttps://www.detroitnews.com/story/business/2018/10/04/home-prices-michigan-rise-construction-slows/1459488002/

As I’m reading through this book, listening to podcast and even hearing the stories of other investors, I realized some of these question cannot be answered just by sitting down and trying answering them flat out.

My story started out with buying a townhouse for 270K in a really good location as a primary residence.