I work in repair and remodel construction so I am confident on the fix side of things. However I am looking to ask my co workers and others in my area or local REIA if they want to join a fix and flip project. I am un...

I think the rule of thumb 'you make money at the sale' applies to people who are doing a more hands-on, DIY style of investment.

So I think your DIY strategy is on track and a great use of your time.... especially while you are young energetic and can put in the hours.

For those of you who pay yourself a salary, do you do payroll in house or hire a company to do it for you?

Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

I really am more of a BOSS and although I love the idea of DIY, my main focus is having my own successful business and I've been stuck on the idea of getting a business partner that can execute the deal cause I may not be as successful.

In general, the appealing part of this half-DIY process (the ability to get your hands dirty on the rehab aspect) is much different in reality than on paper.

I wouldn't use a DIY source though. 

That being said I do an extremely nice job on mine, $30,000 diy with some Craigslist help here and there. 

If you don’t like the rules - I can’t help, DIY.