I am struggling with trying to contrast the increased effort/time associated with setting things up on your own (with the promise of securing more value) VS relying on a turnkey team and purchasing a property at list price.

As far as the monthly cost, you bring up a great point and really the reason I was curious about monthly costs associated.

In which case, should the owner decline, what recourse (if any) do I have to recoup the cost associated with said repair?

My goals for this year include greatly increasing my marketing campaign for rehabs, rehabbing 5 or more houses, rehabbing at least 1 high-end home, buying my first multi-family property as a rental, and expanding my network of associates that I do business with.I've put a lot of effort into finding a larger, high-end rehab and in 2 weeks I will be closing on my first large scale rehab.

Thus you'd need to find opportunities where promoters are willing to take the heightened risks and costs associated with raising money from accredited investors.Many test-the-waters campaigns are really designed to solicit interest from the broadest possible audience and weed out the non-accredited investors in favor of a 506(c) raise because of the way the gov-mint is designing the rules.

I've been a member of SDAR(san diego association of realtors) as well.

The partner has a more flexible job and is good at managing people so in the fix and flip scenario she would be responsible for taking care of the daily tasks associated with a flip throughout the day while I'm at work.

My local Landlord Association for Evictions.

I would consider trying to work out a partnership agreement in that you split any profit you can get above and beyond $1.8 million with you aggressively contacting the developers in your area etc.One thing to note though is a property like this sounds like any developer would want significant surveys, environmental studies, etc in advance of closing a purchase which might limit what can be done in 90 days.Hopefully others jump in to help you out

This 2250 represents what you can qualify for in terms of mortgage, tax, insurance, and home owner association dues assuming you have $0 monthly obligations (car, student loans, credit cards, boat payment, etc).