@Aaron McGinnis, this guy is a brick layer by trade, and a very good one. so, this kind of work comes natural for him. this is truly not a whole crew project. he was able to get 6 sills, finish 3 windows, house trim, some drywall 2 guys in less than 5 hrs. but to get that work, we had to push him for 3 weeks.btw, here's the update:could not be at the job site during the day, but went there tonight and he had done the tuckpointing (around 100 ft), framed and bricked the windows (although i doubt they took them out to close the gaps like i asked them to), changed the window sills i asked them to, and trimmed the windows.This guy is truly not a handyman.

I'm a contractor skilled in all trades (jack of all, but a master of none).

Also, does anybody have any (through the analysis of many flips) analysis of the trade off of the more money spent for better looking items but perhaps resulting in a faster average DOM's compared to less money spent on less aesthetically pleasing items perhaps resulting in a longer average DOM's.

This would mean you are simply trading properties as though they are stocks.In regards to these: If you do it once and do not intend to do it again.

I would say that each strategy you try needs a minimum of six months in operation before you can decide whether or not it works.Marketing is kind of like a pendulum: you'll spend the most energy just getting it swinging.

The reason you are getting the investors in with you is due to your limited funds I suspect, if you can swing a deal personally yourself, do so, but if you are not and will be using their money anyway, form the entity as they may rather see a more business like structure.I wouldn't put money in an individual deal on real estate.

Better look for a partner if you can't swing it yourself or get the seller to do a master lease and give you a long term option/installment contract.

That's about it as to data.The other aspect is the grapevine, simply staying abreast of how the market is moving, what concessions are common, types of financing with contract to close times will tell you is a good indication of the movement in the market and how busy the related players are, lenders, appraisers, inspectors, surveyors, title plants and settlement agents.Construction knowledge, meaning costs for repairs, know what the trades are getting or what you labor costs might be, know costs of materials, generally and the time required for repairs.

The TREC is an extremely complicated document to most people, and to truly understand the 8 page TREC contract, you really need to take a a college level course over it.For me personally in my wholesaling business, that trade off is just not worth it.

In fact, this is a very common practice in whole loan trading.