If they plan on doing the sales themselves than we charge 10% for any project over $2,500 but we don't charge for simple projects like AC's and roofs.

This will give you insight into their financial health and stability.Look for any red flags, such as high debt levels or irregular financial practices.Understand Their Underwriting Process:Inquire about their underwriting criteria and process.

I was planning on using an FHA loan 3.5 % down but I make about 80k a year and have about 120k saved liquid.

Hi Everyone, I am purchasing my first SFH, and I plan to live there for a year and share 2 rooms with 2 other tenants, to reduce the cost.

It’s always good to have a future plan for your property going into it.

And you should ALWAYS have a minimum of 2 contingency plans.

@Bob P.I think that's a great idea and thats exactly what I'm planning to do.

I know the process of touring houses, getting home inspection, researching market rents, looking for tenants, screening tenants, etc takes up a lot of time.

Are you planning to invest remote? 

Select a plan of action based on your objectives and lifestyle.Remember, every real estate investment journey is unique.