I wanted to save some money but it seems like it's something you don't want to mess up and might be better to just leave it up to the pros...And it seems like more and more I'm thinking about going in a different direction.

The agent provides comps and advice, but sellers often "don't want to leave money on the table".

You need to have want is commonly called “skin in the game” which means a combination of cash, equity, out-picket expenses already spent on the project, joint venture partner, cross collateral-able property etc typically equaling 20% of the loan size lent.

Regardless of what approach/configuration you take, both would leave you without any reserves or operating capital.

The people who once lived there leave the house a total mess, including leaving furniture, dishes in the sink, rotten food in the fridge ect.

"Why would someone leave $10k or $20k on the table, are they crazy?"

If my predictions are right this could cashflow about $1000/mo So Im leaving dinner and I bump into one of my old customers who proceeds to tell me how bad the market is right now.

Now developing increased financial responsibility with what they currently have and with what they will have, will insure that this increased income will not leave just as quickly as it came, but I am just not sure that topping out a 401K or paying off all your debts is the most efficient and effective way for everyone to get ahead.

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alex,alot of it depends on what function you're going to serve in the company or investment strategy(ies).if you're going to be involved in every aspect, well then i think ryan's tips are great, along with what others have posted.if you're not going to be hammering nails and the like, or estimating rehab costs, leaving that to others, than don't waste your time reading about rehab techniques.