You are in too tight of a spot, need more reserves, I would suggest you be ready to pay 6 months of full carrying costs as well as a few thousand for repairs, especially going into winter in NJ.Worst case the person doesn't pay, you have to evict them, and something breaks or they destroy the unit.

If you want a turn-key project, you will have to pay premium, and that will cost thousands, if you are willing to pay that, then sure, you will have better contractors, some don't even accept any project lower than 100k. 

Verify all of this, but if these numbers are right, then it is a good deal:47,855 ARV33,498.5 (70% rule)2500 repairsYou could wholesale this for a few thousand so the flipper can have  decent profit.

I feel if I partnered with someone who is willing to fund the marketing (with hopes to benefit way above and beyond what they put in), my wholesale/rehab business would explode  because my postcard would be getting to thousands of more people than if I had to save up first to send them.

Yellow letters and postcards can cost a couple thousand for start up.

And many people think these devices are snake oil and that the only fix is a new leach field, which costs several thousand dollars.  

I'm a marketing consultant, so I wanted to get thousands of people to come over to my website no matter age, race or ethic.

As a PM, I would not trust a individual who called me up wanting my list that personally cost me thousands over the years.  

when you break it down, say you are able to close 7 or 8 deals in a year..you get a check for say 6k, 4k, 12k, 8k, 5k, 13k and 5k...after you put in all the marketing it took to get those deals, pay taxes, you are probably at about 40-45k maybe or even thousands less.Not sure about flipping, (never done one), but my guess is you would make out better, assuming you know what your doing and execute them perfectly.That is a nice amount to bring in from just assigning contracts, but my thought is, the only way to build on it is if you continue to work a job, if not, you just have a stressful self-employment gig and all your profits are going to living expenses.Our conclusion was that finding and buying(holding) real estate deals with built-in equity for cash flow and tax benefits is the best way to continuously make a great deal of considerable wealth.Please share your thoughts, especially those that do these strategies full time, I love to hear different viewpoints!

It insures the project owner that the project will commence and finish on a predetermined schedule and time and should it not then fines can and usually are imposed, sometimes in the thousands of dollars per day, until the project is complete according to terms and conditions stipulated and agreed upon in the contract, So if contracts are too loosely drafted this may be hard to determine and achieve. 3.