Not only are you dealing with normal rehab issues for a major project, but then you are also betting on the come.

Remember, each state establishes it's own reg and exemptions.In the end, I guesss your best bet would be to seek legal advise before pursuing PL for funding your deals.

However I bet money most of them are just looking for a cheap house and aren't investors.I dunno.

You need to learn how to calculate cash flow BEFORE you do another deal, otherwise you will be joining the vast majority of newbies who fail in a short period of time.Good Luck,Mike

Like all cash just said non competes dont do a whole lot in RE.I have a feeling what the dad is wanting is not a non compete for one deal, I bet he is wanting you to sign something so you don't compete at ALL in your area.

I’m not really sure how to calculate my monthly payments, insurance, and whatever else needs to be added in.Could someone help me please?

I'll place my bet on loss of revenue for someone!

But I do bet hubby becomes much more supportive when your "dream" pays the bills in the house.

I bet most of your questions will be answered - if not, come back and ask a few more questions.Sound good?

Contractors that attend these meetings and set up tables advertising their services are a good bet.