If you are not there to monitor and work with them, you cannot know for sure whether they worked.Once you are skilled enough with home repairs, you can lead the projects yourself and hire help for a lower rate if help is desired.You will probably save tens of thousands of dollars over haggling with contractors over large jobs and make some good contacts along the way who you may trust in the future to work independently.

There is nothing illegal about wholesaling, however, there are hundreds if not thousands of individuals operating unscrupulously, and illegally in many ways even many of those on this forum.

Then, after they've invested tens of thousands of dollars, they're forced to sell their investment property for a meager profit, or worse, a loss.Most of these ill-advised decisions stem from bad information or a lack of knowledge.

Lose tens of thousands of dollars in one shot, but I'm sure it's the tenants who feel the pain....dipstick.In this numbskull's mind, we all sit around lighting cigars with hundred dollar bills while laughing at the misfortune of the suffering. 

Some people pay thousands for a guru to teach them about REI, you earned $12k for your education, great job!

If you enter keywords regarding LLC formation you will probably find thousands of threads.

I've had a property manager end up costing me thousands and thousands of dollars in lost rent and property damage simply by failing to do their job and trying to take the easy route.

. , I rarely let buyers (borrowers) leave a closing table with more than a few thousand dollars (maybe $10K) of my funds and will only do that if they are buying considerably under market value, are quite experienced, and/or we have done multiple successful transactions in the past.

So I am just going to sell this one and really plan my next couple buys around the thought of buying and holding for 5-10 years and then flip and sell them. this way i will not have to worry about tenants ruining high end finishes.

Those that have thousands of post...they will keep it VERY real.