I had to rely on my new real estate agent to find another contractor, adding unnecessary stress to the process.The deal I was presented with had an ARV of $120,000, but after the rehab, the appraisal came in at only $92,000, leaving me short by $28,000.

I wanted to point out another big advantage of CA RE that is not present in most out of state markets.  

From the info presented here he's a crook. " likely copper bad too"??? 

It's not the most exciting part, but future-you will thank present-you for being prepared.

Fast forward to present time, I never got to complete the house and lost over $200K on the deal. 

What they will do if your DIY-ed cost segregation is audited is they will send you an engineer (you pay travel costs) to conduct a "real" cost segregation study and present it to the IRS instead of yours.5.

Many flippers use private investors to fund deals, and structuring the arrangement properly is key to ensuring both sides feel secure.When pitching a private investor, the most important thing is to clearly present the deal.

So you’ll be at least presentable when you apply for mortgage financing. 8.

If it's vacant and really needs cleaning/repairs, then I'll wait until it's more presentable.2.

As @Robin Simon noted this deal is going to be too small for most DSCR lenders as their min loan size on these are $250,000-$500,000If the property is not rural and you need to do a DSCR based loan, I have an option with a minimum loan amount of $100k however the rate will be in the double digits.