Most wanting to park some cash in R.E using a turn key provider because it's passive/hands off. 

I've also talked to lenders about refinancing after using a hard money lender. 

The best order I feel to put the categories for the interior and how I put mine is in the following order Demo, Framing, Rough Electrical, Rough Plumbing, HVAC, insulation, Drywall, Interior Painting, Cabinets/vanities/ counter tops, Flooring (flooring before cabinets if you're not using a floating floor such as true hardwood), Finish plumbing, finish electrical, and finally carpentry (doors, windows, trim).As far as the scope of work for the exterior there is no particular order you need to go in since it will be up to the general contractor to schedule those for you.

In some of our properties, we're using a floating vinyl laminate floor.

@Lisa HigginsHi Lisa,I'm a newbie as well but am about to make my first purchase using a Chicago-based turn key company that has a niche in 2-4 unit buildings.

so now I am thinking about what my next move should be.....I have found an agent to work with and now I feel as though I need to start drawing up a business plan...My money situation is not ideal....I have tons of credit so I was going to purchase the house using a few different avenues.....my credit card checks, my home equity loan....0 interest for 12 months....and I am going to sell my car which has 10,000 dollars of equity in it.....Which gives me about 50,000 to start with.If I get in trouble I have a hard money lender I can go to.....I was reading the section on creating a scope of work in J Scott's book and I think I freaked myself out a bit....It made me realize that there are a lot of things that go into this ......and then I remembered to ask myself how can I make it happen....so I can relate to all the other newbies out there....I guess my next move is to come up with an exit plan and ask myself whats the worst that can happen and can I deal with that.....I don't have any trouble thinking about what could come of this if I am successful....complete life changer !!

While it can be vital to have a worst case scenario in mind when making an offer, simply using a from the hip "full rehab" number just misses the mark.You need to be making informed decisions with realistic numbers.

I'm sure you learned quite a bit by jumping in and doing and to summarize, if using a GC, always run a check on their license number, always have a written contract, always have deadlines and draws determined, never pay ahead of the work completed, and time crunch or not, make sure the home is 100% ready for photos for listing, it makes a difference.

Well, if you go on their website http://www.zillow.com/zestimate/ The wording from their own company states the following”The Zestimate® home valuation is Zillow's estimated market value computed using a proprietary formula.

That said, she responded to me promptly and got me out to see the home so I felt I should write my offer with her.I explained to her that this would not be an owner occupied property and that I would be using a hard money loan from dohardmoney.com.