You only get a sense of this by meeting face-to-face once or twice.A bad borrower can kill a great project.

Personally I was not stoked on the engagement fee and on that particular project, the listing agent (who promised to notify us if anyone else was kicking the tires on the lots) sold one of them and the project didn't make sense at the new number or units. 

Purchase price: $101,000 Cash invested: $25,268 Sale price: $202,000 This was my first ever solo project.

Beyond the lessons from the projects themselves, building a business that’s efficient, diversified, and focused on the luxury market has been a game-changer.

It allows you to skip the stress and time-consuming process of managing rehab projects and focus on the cash flow aspect. 

New Roof, New Windows, Paint interior/Exterior, New Appliances, New Garage Door, New Fascia, New Fixtures (Bathroom and Ceiling fans), Electric Service Upgrade, 1204 Sqft, built 1960.

That should really be the deciding factor...is it necessary and a large enough project to include the permit process?

I live in a small rural town in MissouriIts an airbnb but I've had people from a solar plantation project in there for the last 5 months renting out at 2250. 

@Yaroslav Shtogun assuming this is something you can tackle yourself and with your network doing the full deal would be an awesome project for you!

Time lost is the most annoying aspect with projects like this.