You can do a basic "oil and grease" contract fairly Inexpensively or "all inclusive" contracts for a little more.

@Danielle J.Welcome to BiggerPockets, a place to interact with a vibrant REI group, learn the real estate business and language.Since you did not mention a specific area of interest, I added links to three of the most popular niches for your to select one or all while you wait for local networking contacts.http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property) http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling)It doesn't matter if you are young or old, totally new or need to build upon your experience.Yes, you have just announced a commitment to the thousands in this community about your seriousness regarding REI and have taken this bold step to affirm it.Your time on this site with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.Don't get overwhelmed by the massive amount of data archived on this site.Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

Can do a number of structures but ideally either seller-financed or all-cash buys, with or without partners.Looking For: Partners & support network contacts!

Ok, now that you have taken your initial step, below are some quick links to get engaged.Since you didn't mention an area of interest, I added the below links for your selection of one or all while waiting for local REI connections.http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property) http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling) http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meethttps://www.biggerpockets.com/alertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/termshttps://www.biggerpockets.com/inviteshttps://www.biggerpockets.com/perkshttps://www.biggerpockets.com/forums/categorieshttps://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing (video courses)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)REI can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REI)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

Happy Monday,"Our deepest fear is not that we are inadequate, our deepest fear is that we are powerful beyond measure"Milton 

We are also realtors and we know how to analyze deals but would be hands off on most or all of the projects! 

You think you can't have any other issues pop up that'll cost you most or all of $4k? 

i want to try my first flip in the coming months and i would really love to have some advice and/or referrals for some or all of the following:Real Estate (RE) attorney-RE Accountant/CPA -Contractor's (investor friendly): General, elec., roof etc. for renovations-Local lenders (who maintain their own RE portfolio)- (i have heard the Schertz Bank and Trust is a portfolio lender...are there any others?)

While irs would not let you right off some or all of these expenses, you still,didn't take any distributions out of the LLC.  

Originally posted by @Trevor Fritz:If you live in the Multifamily are your goals to cash flow the property or to just have the property pay for a majority or all of your mortgage?