I count each offer/transaction as a learning experience.

In most states a degree in construction management can be used to count as some the the experience requirement for a contractors licence, but can't be used for all of it.

Of that, about 250k is in taxable accounts that we could withdraw if needed.My wife's argument is by buying another rental property, we would be dipping into the 250k and we would be overweight in real estate vs. stocks if you don't count the 401ks and IRAs.  

I didn't smoke so he just counted it as a break.

Not necessarily a bad thing, but if you are counting on x number of units and all of a sudden, you can't have that many, not good.

Deal # (I've lost count) completed. 

Isn't there some window of time where those incidents have to occur (in other words, if enough time passes old incidents no longer count)?

So if this investor didn't pay a wholesale fee, maybe his repair costs were 3K more than I have suggested, just move that number to cost of repairs, lender fees, interests or another expense I have not included below.Costs to Buy:$3,000      Wholesale fee$440        Title and recording fees$300        Inspection$63K        Cost of repairs (remodel, Sewer lines, roofs and mechanical)$1275     Holding costs for 3 months (Property Taxes, insurance, utilities, not counting cost                 of cash if they had a loan)$6530      Selling cost (Broker fees, Title escrow fees, Staging fees)Every investor should have a deal analyzer spread sheet that they use to evaluate each deal, just plug in your purchase price, ARV and your costs. 

Contributions include any financial support provided by each member and are counted equally.

Never count your chickens before they hatch, sounds like it would be pretty easy to cut you out of the deal.