If you are new to notes, its better to cut your teeth on 1 or 2, then work up to pools, as you could get seriously burned buying junk.

Or like a limb with gangrene,  the diseased area has to be cut off so the body can live.  

For the investors buying properties, I also have most of them sign a Buyer's Representative Agreement so we have a clear cut understanding of terms and how either side can terminate the agreement.  

Direct marketing is your best option to find a good deal.Once you find that deal (and you should have already lined up money), you want to start the rehab process immediately, time is your enemy and cuts into profits.Education is paramount and you must know how to evaluate rehab costs and properly calculate the ARV (exit value).

So if installing laminate is normally $2 a square foot, you're only going to pay him $1.50 a square foot.By agreeing to that discount, then maybe it would make sense to cut him in for a portion of the profits.

One thing is make sure your lights work, each light switch has a cover, any kind of porch, steps and hand rails are solid, there is hot water, grass is cut, sufficient garbage bins..I got violation for all of those..

You have to have some cut off date and terms.

Bad contractors seem to far outweigh the good ones so don't cut corners on vetting them no matter how highly someone else recommends.

Instead of returning - handyman was able to cut a piece out of the doorway but it was still more work - exact same size/brand/model would have been easier

The home was initially listed for $5,000, but it's currently on the market for $3,000 after several price cuts.