I would also add that these rehabs will take just as much effort, time, and money (less money actually if you self manage and do some yourself) ... the main difference is that you add 2x-3x to the value add profits generated by the same rehab in most cases compared to less expensive out of state markets.

There are too many cooks in the kitchen and the project and IRR suffer-Licensed professionals that fall into FINRA-based compliance regimes given their business model shun these deals because they're too small to generate commissions sufficient to cover the cost of compliance-FINRA-based professionals propagate reams of nonsense in the industry to justify paying layers of fees that are not needed.  

I'm stuck between a rock and a hard place because even though I plan on using cash for flips to continue to build working capital I still want to be able to place tenants in some buy and hold properties to generate cash flow and then cash out refinance to keep rolling the money over into new properties in order to build up my portfolio.

Have you had to change your lead generating strategy?

These large contractors often have standing contracts with insurance companies that they will accept the price generated by so and so estimator program making the process totally seamless. 

But the number one reason is the returns that the U.S. generates.

In my initial thread, I probably should have asked the question if it's generational; for example do younger investors etc... prefer PM and then phone like you do and would older folks rather just pick up the phone or send a quick email to see what's what?  

You're not generating a 2nd loan right?

lol - I wouldn't care too much on the generation of who is buy but that enough of the population in your area are buying.  

Each one varies, they bring in top producing brokers to teach different things. example, Lead Generation is one that was here a few months ago.