Hi- I have been doing a lot of research and want to get involved in property investing. 

Do you have a contract drawn up and checked by the lawyers of all parties involved?

So I do not want to put carpet in as the floors will be much harder to clean. 

My plan is to purchase this deal for $200K cash and wholesale it.This situation involves a 101 year old elderly family member that owns a Davidson County, TN residence free and clear of any liens.

Have a partner involved with good credit but trying to move quickly on this.

So we hit a bad streak with houses having issues and GC's and subs taking their time to have things completed on time, quality of work, subs not being paid, my husband and I had to much involvement and time spent so we said we have to change strategies.4) We both work full time jobs so the time we could spend at the job site was limited and hence the reason why you hire a GC but then you start hearing comments "oh it must be nice to work full time jobs, flip houses on the side, and show up here when you want too and do nothing and make all this money!"

What do you think is happening underneath that shiny and clean looking fitting?

Wow this question is so vague I have no idea how to give specifics...On a 10' x 10' room (similar to your standard bedroom) I can remove everything down to the studs in one day.1/2- 3/4 day to rewire (simple cosmetic such as changing the number or location of outlets if you're actually changing the wires itself up to higher codes it can be 3+ days depending on how the house is wired and accessibility)1/2-1 day to insulate1/4 day for any windows or doors that would need replacing for the 1 room2 days for drywall (so long as the studs are straight and level)25 hours of taping (+/- 5 hours depending on the number of corners/edges) spread over 7 days usually front loaded 3-4 hours the first 2 days, then 2-3 hours for the remaining 5 days.2 days painting; 2-3 coatsflooring will depend on the product you're using but unless it's hardwood or laminate you can usually get it done 1 day.1 day trim and molding1 day clean and finishing touches.One thing that shouldn't be overlooked is the time it takes to purchase the materials and get them to the job site.Another is where you can actually do the work.

Hi everyone,To be involved with real estate investing, I was looking at certain certifications to becoming a realtor. 

The hard parts are setting up the relationships and trust in that team necessary to be able to execute on the plan, and making sure that the deals still pencil with all of the people involved.