As long as the analysis makes sense, it is always good to leverage your funds to do more or larger deals. 

I would think that a small negative cash flow margin would be acceptable due to the much larger equity gains you are receiving (compared to a 100k property that has good positive cash flow).I would love to know your thoughts.

Insurance company won’t ever cover a house like that when they look at the foundation and electrical nightmare you have in the walls

No home, in my opinion, is ever perfect and if you can negotiate the price, after the inspection is the best time to do it when everything has been brought to light.

Hi All,Not sure of the BP policy on cross posting, but I wanted my Houston colleagues to see the progress on my first flip ever!  

Hey Brian,Just curious if you ever found some good general contractors and if you can share those contacts with a fellow investor?

Best of luck and what ever you do don't give up. 

Let me know if you ever figure it out and what you did to get there!

If you ever want to exchanges ideas or chat real estate feel free to reach out.

I have a rental and it is with a property manager. It has set empty for months now. I never staged a rental, but I’m considering doing that. If someone has staged a rental please advise as to what would be cost effect...