Even if they could save 5-10% on that $800 bid, which is $40-$80, if it took more than 1-2 hours they'd be losing money doing it because their time is worth at least $40/hour.In our opinion, it really depends on the level of urgency and the size of the bid.The more urgency, like no hot water, the less time the PMC has to get multiple bids.The bigger the bid, the more likely it is an owner should expect multiple bids.An owner has to be realistic, understand and accept these limitations. 

In SubTo, the bigger risk is on the seller.

But by coming together with others, one can get in the game and put their money to work in these bigger, potentially greater return deals without having to do it solo.

I assume any painter / handyman doing your turnover could do that kind of touch up in almost no time for almost no money.  

.## Financing OptionsFor Hard Money and Private Lender financing, it's crucial to build relationships with local lenders.

and if you don't have enough money to house hack in San Diego... save up until you do.and if you want to move somewhere else, house hack there. 

If you ever have any questions regarding this or in general feel free to reach out I enjoy helping and ensuring other BP members avoid lost time and money. 

Even though I wasn't a good asset manager, I made money on my properties. 

If appreciation and scalability are your long-term goals, consider house hacking or saving for a bigger market later.

What I DO like about Bigger Pockets are the people that are very positive and gives great advice.