My husband is also very knowledgeable in the field so in essence we could always just hire the subcontractors ourselves.  

I usually like to just allocate 15-20% equity for the management side and then figure out a fair split on the rest based on cash invested...if you are putting in a little cash as well that goes a long way to balance the playing field. 

I'm assuming it's not up to code....My other assumption is that if it has a kitchen up there, the fire marshal might have a field day. 

Do you see this opening up the field for more accredited investors to be able to participate in funds or foresee future tweaks to the said income/wealth thresholds to account for inflation?

However, it was a good point that I need some more contacts in the field.

And do you have to deal with tenants bothering you a lot while your trying to get some work done in whatever field you work ?

I am a pharmacist in Houston TX and would love to connect with other REIs in Houston. Being in healthcare, it provides an unique skill set to being a REI. I am looking at small multi family &/ SFH in Katy/Cypress ...

While REI is not my field of expertise, I really felt like flipping would be a great way to grow my $30K. 

DISCLAIMER I have no experience in this field at all.

Hey @Ryan Santos I'm new to Bigger Pockets and I'm also looking to learn some knowledge in the wholesale field.