It is a bit of a gamble, but personally, I always get my own bids from people I will hire and either take a credit on price or have title issue the checks directly to those contractors to get work done as soon as I close.  

You just need to have a good foundation repair company and a good plumber (or multiples of each) on your team.Just watch out for the big ticket items:  foundation, plumbing, electrical, roof and AC - these can quickly bust your budget if you aren't planning to repair/replace them...Remember that the older you go in terms of build year, the more of the above issues you are likely to run into.

. - what about closing in a trust whose beneficiary is a canadian LLC?

The PPC landscape is highly competitive, mastering it can bring excellent results if it aligns with your budget and closing capabilities.

I wouldn't even consider this scenario if you have no business managing a flip, and you have never done renovation projects, as that is an arena where you need to have built experience and connections to just be OK.Let's consider that you decide to save just enough ($75k) and grab a $300k single-family rental with 20% cash down (plus closing costs) and you just rent it out (not owner-occupied) and you have limited reserves.  

Account Closed I agree it's important to approach creative financing correctly.

Others will sign up with this CPA firm and get yanked around too.Play with people's time & money, and watch what happens.

Seller is closing Mid June unless the newly formed Co Op can find financing to buy the property themselves.

If any property I own starts to get close to 40% equity, I refinance to get it back to around 20%. 

Would like to close on 20 rentals in 2023