I have updated my cancellation policy to make it clearer to people.

Start by looking into the current trends, get involved with groups that focus on real estate investing, make connections with local experts like agents and people who manage properties, and tap into resources such as books, podcasts, online chats, and the local community.

I have a team of four people building a fix and flip business. 

Bathrooms are actually the best to put more money into then the kitchen, because people want a bathroom to feel fresh and clean.

Interested in knowing how it worked for other people as well. 

People buy investment properties for all types of different reasons in all different types of areas that all have pros and cons. 

The rest is divided among people with redemption rights.

A lot of people make a spreadsheet just to use it to take properties from online into the spreadsheet.

For things like cleaning, painting, etc; she should be hiring people to do that (or if she wants to then contract herself) and bill you those at cost. 

Many people will spend a couple thousand on tax lien / sub taxes, then the county tears down the house and liens it for 10K+ and the vacant land is worth less than that.