Do you have hard money lenders and commercial lenders that would let me do multiple of these deals?

We have done this multiple times.

This isn't a problem from a cash-flow standpoint or even an equity standpoint, the problem is with then lenders wanting skin in the game.

It depends on whether I use a GC for the project or sub the project out directly to multiple contractors, but I always start with a Scope of Work document.

@Charles Whitaker Here is a quick checklist:- Have multiple EIN - should have separate QBO subscription for each and file for desktop Pro, Premier, Enterprise- You should use QBO Plus or QuickBooks Premier or EnterpriseCall us we can get you started with what every you need. - Gita

RealtyTrac tracked foreclosure-related filings on 2.3 million U.S. properties in 2008, an 87 percent jump from the year before, with 861,664 homes making it through the entire process to become REOs.The Mortgage Bankers Association's surveys of members suggest one out of 10 mortgages was either delinquent or in the foreclosure process at the end of September, and Moody's Economy.com estimates 12 million homeowners are "upside down" -- they owe more on their homes than their properties would fetch in today's market.RealtyTrac senior vice president Rick Sharga told attendees at the Inman News Real Estate Connect conference in New York City this month that an analysis of 500,000 distressed properties in four states in the company's database found only about one in four were listed for sale in a multiple listing service, or MLS.That suggests that as many as 75 percent of distressed properties have yet to hit the market, Sharga said, and that many of those homes will soon be putting pressure on inventory and prices as banks repossess them and put them up for sale. . . .

I spent over $1000 just to get my real estate license and join the multiple listing service, never made a dime, then was told I had to shell out another $500 to join the local association of realtors.

I agree with JIm, multiple bathrooms is a plus no matter if your end use is retail or rent.

I've done it multiple times as I've moved around.

People want to invest not join marketing clubs.And you say this isn't MLM let me give you the definition of MLM:"The structure is designed to create a marketing and sales force by compensating promoters of company products not only for sales they personally generate, but also for the sales of other promoters they introduced to the company, creating a downline of distributors and a hierarchy of multiple levels of compensation.The products and company are usually marketed directly to consumers and potential business partners by means of relationship referrals and word of mouth marketing"Sure sounds like what you are doing is MLM to me.