Gathering from the input i have received from all of you guys, it seems going for B neighborhoods for both ease of rehab on first project and a more reliable rent pool.

Interested in offering my value too assist any current investors working projects within local areas75068Frisco , little elm, the colony , lewisville , Carrollton Driving , pickup , physical work , errands etc.

In terms of profit, this project actually ran over budget, and there won't be any true profit in terms of ARV vs all in costs.

I made offers, but got politely rejected.

For those of you in a project or getting ready to start a project .

Mainly looking for advice on the best route of getting the loan for the project.

The key thing is to be polite and respond to things as quickly as you would want them responded too if you lived there.

For example, make sure the loan officer understands the project and has evaluated your personal credentials, such as credit, income, debt-to-loan ratio's, etc. 

I see folks happy with 5-10% projected returns on flips, which is WAYYY too risky for me. 

The best you can do is to evaluate it yourself based on the 3 factors and appraiser should use.1) Income approach - project rents and NOI and use a cap rate you feel appropriate to the market.2) Comparables - look for anything similar sold in that area or surrounding areas.3) Replacement - if you're essentially rebuilding it look at the cost of new construction.