If your go-to lender is licensed to broker, he gets all the same constant solicitations that I get.

If we go into a joint venture and have no money but bring in the deal, and want to get paid at the end but this time we are more involved and oversee the project of the house getting rehabbed how much should we get here what is the formula once again, example would be helpful...thanks guys

Many newbies leverage themselves to the hilt, underestimate rehab costs, find out it can take much longer to rent out in some areas than they thought, and can be totally caught off guard by some of the many complexities that can crop up (whoops, not a legal duplex, was a meth house previously, has code violations, mold, lead problems, new tenants trashed the place, etc. etc.)Two reasons constantly given for business failure is lack of experience in the field and lack of enough money.

Joint venturing is a good way to bring in a capital  partner.

I constantly hear the same markets come up in podcasts and in conversations such as Indianapolis, Memphis, and Kansas City to name a few.

You need to constantly be in front of the sellers across all channels so when they are ready to sell you are a known entity. 

Next you will need to find your lending sources you will want more than one source, but these are included too but not limited to: Hard Money Lenders, Private Money, Joint Ventures, LOCS, and CCs.4.

My wifes family has been in real estate development in Miami, and cycled boom/bust so shes in constant fear of us joining that club.Make sense for the Cash only process?

Hello,Our property located in Fort Worth,TX had a foundation repair after which it was recommended maintaining a constant level of moisture in the soil near and under the house (by placing a soaker hose on each side of the foundation no farther than 12'' from the edge of foundation to water DAILY during hot and dry months).Our property management company wrote a letter to our tenant explaining this, however I can not guarantee tenant complies. 

He has been constantly reading reviews from sites.