I ran my calculator to get a quick "what if" on a 30yr picture.

Thanks for the quick reply Greg.

First, I have true daily and direct access to the 4 owners of Licensing Experts because apparently they don't and won't deal with a bunch of people. 

Doing a quick peak there is not enough photos and they are not professional.

On paper, it looked brilliant..cheap money, quick turnaround, and a profit projection that made his eyes light up.It taught me that the real risk isn’t just the cost of capital, it’s the predictabilty of your exit strategy.

Here is a quick market update on Valdosta, GA and what we are hearing from others with boots on the ground.

That is just not realistic in this current market.So in my opinion it's important to expose yourself to a large number of deals, so you can develop an intuitive sense of what's reasonable and what's not (and quickly discard the ones that aren't).And it's true that there is no way to 100% protect from fraud (and not just in passive real estate investments but even in public stocks etc.).

But again, dedicated crews drive reno costs down.If you can connect with a flipper in your area (quick out your local REIG) and ask to come along when they scope out a job, you will get more from one or two trips than from a dozen books. 

If they were smoking outside, the odor would quickly dissipate and would not permeate the building envelope and infuse into the other units. 

Finish the project, take great pictures and go live quickly.