The host Joe Boston is an industry veteran and all aground great guy.

Thank you @Derek Faller @Joe T.

As you learn the basics of real estate economics you'll learn the factors of production, land, labor, capital and entrepreneurship, that together with understand your market will tell you what route to take and the education you need. 

Have him price it out repairs on time and material, then 2k labor and you buy the materials.

Are you talking about them getting value for their labor and that's what their investment would be?

Originally posted by @Joe T.

Joe, I'm interested in the REI opportunities in Cali.

@Joe HomsI would be very interested in meeting in person.

You can always consider going owner occupied multi family purchase which requires less down (3.5%)Let me know if you have any questions.Regards,Joe Scorese

This will allow you to look at future deals and keep on eye on the health of the projects, while the contractor can focus on construction and meeting deadlines.What you may be going through is what I am going through now- should the contractor be paid for his labor as an expense in the project that will be reimbursed before we split the profits.