@Jake Gordon , this questions pops up frequently on BiggerPockets.

@Daniel Schiller likewise friend. mostly instate with frequent out of state.

Clear communication is critical with your first deal and I would encourage more frequent communication (daily or every other day) until your team is working well together.

Your statement about there being a near-infinite variety of mindsets among flippers has not at all held true in my experience.

I started into real estate investing for a variety of reasons but the reasons evolved as I become older.

That's a pretty healthy budget for a variety of property types across Phoenix Metro.

Yes, I just started working with another lender who offers a ton of mortgage options from a variety of lenders.

Brett, the most standard way to do this (and the method I use very frequently), is with two primary documents:  1) Promissory Note and 2) Deed of TrustThe Promissory Note is where all the terms of the loan are outlined:  the interest rate, the loan amount, how payments are made, the amortization, the maturity date, what the collateral is, etc.  

Therefore, basement problems can occur in homes that are still quite "new", and frequently do.Fixing a basement will cost anywhere between $55 to $250 per...linear foot!

I live in the area on Cecil B and frequently walk past the house.