Quartz countertops, navy & white cabinets, classic subway tile & farmhouse sink- Master Bathroom: Walk-in tiled shower w/ glass pane & gold shower system, double vanity w/ quartz top- Living Room: new front door w/ huge overhead window adds natural light from the front; bamboo engineered hardwood floors are a focal point, but they cover the entire 1st floor & the white-washed cedar accent wall really brings the rustic charm to another level.What was the outcome?

they hide the exact address (because they know they can be cut out easily), they mis-estimate the rehab costs or ARV, and a lot of times their deals aren't even their own (daisy chained) or are just flat out no good.   

If you are considering purchasing a contract watch out for these types:1. people looking to daisy chain and deal, insert themselves in it, and take your money2. people offering real estate for sale they do not own and are not licensed.

The numbers tend to be outrageously wrong, as there are probably a dozen other "wholesalers" in the chain, thus they have to manufacture the ARV, to cover the spread. 

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $271,000

Cash invested: $13,000

Sale price: $449,000

Bought this as a property to live in initially and then re...

Great tenants are worth their weight in gold! 

Listen to the recent episode of BP with the investor from Ventura, he's got some CA gold.

Especially if you live in an area where I do that frequently gets hail.That said, you know the old rule: He who has the gold (money) makes the rules. 

@Michael Baum I admittedly have never worked with a hub - I hate the idea of these extra devices, just one more expense and item in the chain to go wrong, AND if something goes wrong there's no tech-heads I know by my properties who can fix it - I'd have to do it myself!  

@James Mc Ree This answer is gold and sums up what I was going to say.