Member 2: Reviews GC quotes and provides suggested objections/alterations in scope of work. 

As a first-time investor, it's important to carefully consider your goals and objectives.

Not the least of which means fewer properties to manage, and have added expenses along the way.Quality over quantity every day of the week. 

No system is perfect, so don't waste your time chasing after the next shiny object.

No system is perfect, so don't waste your time chasing after the next shiny object.

Which markets should I look at considering my main objective is to obtain properties that I can hold and collect cash flow.

If he has objections, or fears, be ready to answer them.

And BTW, if they leave on their own, they may very well leave their associates in your house for you to evict/deal with.When you tell them to move out on their own, and take all the other occupants with them you tell them that they can work with their section 8 counselor to find a new home and you will not object to breaking the lease or they can find a place on their own. 

Another rough rule is that seller carry rates are higher than traditional mortgage rates since the seller had concentration risk (they only have one loan and not thousands like a bank or GSE) and they have a higher cost of capital ( you want to grow your money whereas people who buy bundled mortgage loans have other objectives) All that to say, the buyers who will most likely find your plan attractive fall into the sub-prime category ( have some combination of bad credit/ no credit, filed for bankruptcy, or have been denied for a traditional "prime" loan).

There also is a bit of subjectiveness in the process though it is supposed to be objective.