Preservation of capital, especially when it is not yours, is an important job.If you want to do rehab flips, then you must learn your market (know past and current inventory levels), know what is selling and what is not, who s buying and who is not, why that is, and then you need to learn about construction management, rehab costs, and finally, how to evaluate exit values (ARV).Once you are armed with these skills, and only after that, then you hunt for the deal, negotiate it, and take it down.

Say hiring someone like @Dawn Anastasi to evaluate a deal for you. 

Hey everyone, Thanks to encouragement from @Karen Margrave and several others, we've decided to add a new forum to BiggerPockets, Investor Deal Diaries. Use that forum to share step by step diaries of what you current...

Some will start to support you once they see you've made progress.

Take your time and evaluate all the options available to you before making any decisions.

I represent hundreds of real estate LLC's an all are treated as partnerships.Depending on your needs it is very important to make the correct decision as to what form of business you use, please consult a CPA with knowledge of real estate to evaluate your need and help you make the correct decision.Stuart Mordfin CPA[LINK REMOVED]

I got the property tax info (online), got rental history and some other facts and used my Rental Property Investment Advisor program to evaluate them.

I’m going this way as well although I am already a contractor so that gives me a bit more confidence in PMknh from OOS.Just one more suggestion : I’m evaluating this service Hemlane.

It is still a work in progress, but we are trying to make sure they are focused in the right direction.

Any progress.