I regularly volunteer for Denver Metro's Habitat for Humanity to gain some exposure with various home project experiences (drywall, flooring, painting, exterior work).

@Brandon Lewis if you are flipping I would look time on market, crime, school ratings, which neighborhoods are desired over others, the median price of homes, the price of homes in certain neighborhoods you are looking at, population growth, the top employers and how their business is doing, any city projects planned to boost growth, any large private projects.

It can also lead to the many horror stories of assessments of thousand and thousands of dollars because they need to put on new a new roof or do some other capex project and the HOA is broke.But with all that said, don't let it discourage you, I just want to make sure you go in with your eyes wide open and are not distracted by potential returns.

We have a bunch of local networking groups you can join - I see you live in Lexington, my firm is actually doing a rehab #Meetup at one of our projects in Concord  April 3, Tuesday night - e-mail us for details, or I suppose I can post on this thread if anyone else wants to join. 

I have some great kiddos that have been instrumental in completing home improvement projects in the past and I believe it’ll be an easy transition into helping them become more financially conscious.

I got additional funds however, I negotiated with a contractor and got the project completed at a lesser amount.

I have bought CFD’s before where you know what they paid and they were making a killing on it and honestly, I didn’t care because my projected returns were also above 30% which exceeded my requirements for acquisition.

I am deliberating two possible scenarios for myself in the future to continue down the path of working for my self and family as well as investing.Scenario:80k-100k cash on hand not in a rushOption 1 potentially:Find a older duplex 30-40k for cash with a higher estimated arv than the projected rehab, rehab property, rent, refinance.

Straight #savage.Seeing as it was a drive by I think it'd be prudent to put this puppy in the back of the line & focus on other projects while things die down.

Its a little more risky becasue its a higher % rate but as long as the project is profitable then you dont have much to risk.