I have listened to the BP Podcast for a couple months now as well as others and have read their guide to real estate for beginners and a host of other books.I am an avid outdoorsman (hunitng/fishing), traveler (24 countries), and coach high school football.

I am in Mission Viejo and can meet at a Starbucks.I just finished purchasing my next project at the court house steps and I am working on a few more.

The business owner is almost always wrong in court.

Seller, I work with a large network of cash buyers located all over the country.

Two of the deals I HAD to buy (the first 12 unit we purchased out of bankruptcy court, poured some money into it and now it is a cash cow - cashflows at 42% occupancy. 

I never really considered small claims court.

I guess he would have to take me to court.

@Jay Hinrichs$1M is a lot for seed stage ventures in most areas of the country; Silicon Valley's valuations and general business environment excluded.  

I just finished purchasing my next project at the court house steps and I am working on a few more. 

He's either planning to cheat you, or he doesn't know how to run his business and will either change order you to death or bail o the project.I can't tell you how may conversations I've had with investors who've bought a house where ARV & rehab costs were based on hope & prayer, then get frustrated with the contractor because he can't stuff $50,000 worth of reno into a $30,000 budget.The remodeling market is booming all over the country.