Then get several more local flips under your belt and when you have a team of contractors, consultants, etc. ask them for recommendations farther afield.

I was going to ask him to see all of the receipts, and get copies of them for our records, and to ask for a lien waiver so his subs don’t come back to me asking to be paid if he still owes them money.Does anyone have any recommendations, besides hiring an attorney, to make this situation a little better?

@Andres Safady now that you have a market, recommend you figure out the property Class you want to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I would recommend trying to sell the property that you paid for with all cash.

Recommend any tips (for STRs), any guidance etc.We live in the Phoenix metro area..Thanks everyone.

How to analyze: Firstly, I recommend as a beginner to invest in your own market.

Does anyone have an investor friendly title company in New Orleans they recommend?

I was wondering if anyone could recommend a third party cold calling company/service.

Does anyone have a recommendation for a property manager?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?