Place got trashed in the process and then vandalized shortly thereafter (this was way before I knew the seller or I could have helped them to secure the place) But seller never followed through on the foreclosure.Fast forward to this year when I meet the seller and find out she never completed foreclosure, then to my astonishment realize that the folks who owe her...are some of my current employees!

but we use the same subs over and over again.. and the have their own credit so they don't need money up front.. but its not johnny I can do it as cheap as possible lunch buck guys either these are successful subs making in many cases a very nice living to some of our larger subs.. like our dry wall contractor has 600 employees and they are the cheapest in the state...

See following IRS link for more information on this. https://www.irs.gov/Retirement-Plans/Employee-Plan...https://www.biggerpockets.com/blogs/3441/blog_post...

Our employees are too expensive for us to have them fill out business listings on new ventures, so we use Moz Local.Yext sponsors many of the conferences I speak at, and I've heard nothing but good things about them.

I've noticed that a lot of things are "not allowed", yet they are common, even expected practice.For example, companies have discovered that they can cite the pay of their long-time employees as a reason to let them go, even though those folks are older.

I think we have 5 salaried support staff employees here which is a lot.  

I have employees and a maintenance crew that I have work on these things for me.

So if she purchases a house for under 39k(as in the example), the contractor carries materials, salaries for his employees, and invests, I'm assuming 3-4 months on the rehab, then she is still the only one taking risks?

When I first moved up to Maryland straight out of college from 1,000 miles away for a job, it was scary enough.  6 months after being hired, my company was bought and 95% of the employees (including myself) were laid off. 

Don't let your age throw you-- I was running internet businesses starting at 16 with significant revenues, contractors, employees, assets etc. without a problem, and started with REI at 21, I never really considered my age an issue, and neither did anyone else.