Even if an architect is not required to stamp the drawings, you will need drawings from somewhere whether that is purchasing online, through a builder, etc.

The agents will see the sign too, but not as many as will harvest the FSBO online ads - after all, they have to get up and out to see a sign, but they can find the online ads while sitting on their butt so it's less effort to harvest online.

-since we are doing our first subcontracting (which i have never done) anyone have any tips for a newbie like me? 

hi,relatively new to the game. i have a property with good potential in an area i think will appreciate well. in my current situation, i am not strapped for cash and can save 7-8k month for real estate purposes alone with my current job. this will be by first SFR and goal is to have at least 12% COCROI and have a minimum of $150+ using the 50% rule. im more or less in it for the long term game and want to retire with a rental portfolio that can supplement my income within the next 10 years. here are the two scenarios for the following property:property: $65krehab costs: $10kclosing costs: $3,200wholesaler costs: $2,500i plan to put 20% down on a 30 year fixed loan at around 4.8%Scenario 1:I cover out of pocket for rehab and wholesaler costs as well as downpayment + closing costsProperty: $65kRehab: $10kWholesaler costs: $2,500k Downpayment: $13,000kClosing costs: $3,200Total cash needed: $28, 710COCROI: 12%Monthly cash flow: $28850% rule: $313Scenario 2:I finance the rehab and wholesaler costs through my bank.

I also also put together pricing Tips sheet for these neighbors to help out with hiring contractors.Check out the website below which is particular to our community.

I would suggest looking online to see what's in your area for rent currently though so you can get an idea for the price point and quality of upgrades people expect.

A lot of the articles i read online made it seem as simple as, if you have leftover, use it! 

Although I'm looking to buy multifamilies, I found myself in a situation where I need to buy a personal home. Going to bid on a Xome home. Already had one auction where the reserve price wasn't met. (I was not the bid...

Great tip!

My immediate needs with BP are to learn the most effective ways to identify leads and obtain financing, along with tips and tricks on buying and managing MF property outside my local market - this is a big desire but also a big concern, not having done it before.