(I already have a lender in place.)Though I agree, he doesn't seem motivated enough - but I do think I could have done a better job at figuring out why he wasn't interested in seller finance and addressing that issue, but I was afraid of being pushy.At the end of the day, we ended on good terms, and he said he'll call if he changes his mind - not as good as getting the deal, but better than burning the bridge.

My wife loves hot showers but you aren't taking that high of a temp without getting burned.

Many of these investors don't have big bank accounts with money to burn, and cannot afford to travel to other states should something go awry.

So much so that I wrote an article labeled "crash" and burn with an LLC :) Since we leverage and self manage, an LLC just didn't make sense of us. 

Yes, you can probably reduce cost of sales and perhaps other numbers but you cannot significantly reduce rehab costs and there will always be surprises which will burn you if you do not have sufficient funds set aside.

We have 2 in our house but I don't let the tenants use the wood fireplace because you never can tell what the students would consider burning.

My partner has guys out there who make $1 million a year who work 70 hours a week and burn out.

I'm a psychiatry resident who hopes to become a REI in a year or so when I have excess cash to burn.

Your contractor's GL isn't going to cover any vandalism, or when the house gets burned down due to those vandals. 

Keep it that fire burning!!!