Going in my plan was to spend about $45k and 3 months and the Hope was to refi for $200k+ to pull out $145k and then rent units for $600 each, and cash flow around $500-1,000 each month and pull out my cash investment and in essence have a performing that I had only $10k-ish of my cash invested after the refi.

Our 4Plex is performing great and it has been the best move we have ever made!

Identify what you do the best out of all the tasks performed on this flip and same for your partner.

People think I'm crazy for having an accounting degree and wanting to move away from traditional W2 income into performance pay.

We know the risk associated with not being able to physically see the property and the work being done - so our proprietary soft-ware allows you to remotely manage your project from anywhere in the world with real-time updates and direct communication to your project's team.Regardless of your market, starting with a realtor in the investment industry will boost your chances of being connected to the right people to start making things happen.

I figured the 1b1b perform better throughout the year where something like a 3b3b performs better at holidays, but as a whole which performs better.

If like in my case I put up 40k in cash and the seller would not give it back because they would not close.. then yes I sued for performance.. too much money to just let them walk.. 20k later and almost 3 years of litigation that most people don't have the time or money for I won..

The other 10% should NOT be performed by 1st timers.

I was wondering if living with your parents would be such a burden, as it would give you quickly boost in your investments return.

The same way you would hire a wedding planner, and sign a contract to know that they will perform, and they know that they will be paid for the work they do for you, it's a win/win.