Joe Homs thanks for the intro to the meet up.

Bob uses 20k from sally, 30k from Joe, and 50k from Eric to come up with 100k to fund a project.

Labor pushes that price to $2.80/watt. 

I don't think for a second that the 3 bigs will allow Joe shmo from the corner to make payment reports otherwise I would have been doing this 10 years ago LOL.  

Expenses such as maintenance and Capex also tends to be higher in major cities because the cost of labor, permitting etc. is more expensive.

I live in Casa Grande,Az. most of the houses I've seen here are listed at or above their value,also I now in order to bid at auctions I need cash,so any information on where to look for good deals besides a realtors website is greatly appreciated.thanks Your best bet would to do some networking and find a partner that will show you the ropes and potentially let you buy into a deal for what you can afford and perhaps some labor.  

I would need to partner with someone who could get the mortgage and I would handle material and labor costs for properties. 

@Peter Mckernan, @Joe Sherman, @Euan ArciaThank you!

Hi @Joe Schmitt! 

Custom cabinets and quartz counters, Viking appliances, hardwood floors throughout, iPad station, ceiling mounted speakers & stereo system throughout the house, yamaha outdoor speakers for the patio, all rooms were prewired for cable and internet, jacuzzi tub for the 2nd bath, venetian plaster in all bathrooms, and the list goes on...We set a record for sales price in the neighborhood which is always a good thing.Purchase Price: $488kRemodel Costs: $149k (Includes labor, materials, monthly expenses, etc...)Commission Costs: $18,725Sales Price: $749,000Profit: $93,275BEFORE PICSAFTER PICS