Hence the folks who can spend 40 or more hours checking the local properties will have an advantage over someone who works and travels outside the area.

Countrywide to Refinance Up to $16 Billion of Loans I know we had discussed the idea previously, but I wanted to get everyone's take on this now that it's in motion.http://www.bloomberg.com/apps/news?

His basic premise is that we all spend a lot of time futzing around with stuff that doesn't much matter, and if we just focused on the few essential things we have to do, we would have lots of free time.

Also what type of plan did you get for the amount of money your spending each month?

Maybe there is some value in spending money on advertising or an agent.John Corey

When it was first shown to me I did not think I would have a need for the services (I am an attorney), but I don't want to spend my time researching everything.  

tflann,If you can find deals for $260K that are worth $380K and only need 1-2K in repairs, why don't you just spend the 1-2K and then make $118K?

Investors are some of the worst offenders, because they want to get into a property, spend no money, and then sell it to satisfy everything before the bills catch up with them.

By looking at the tv show it seem like most of the successfull flips have owners who spend a lot of time in the house making sure everything is going as it should be.

I am considering getting an attorney involved, but I don't want to end up spending more time and money than it's worth.