That is why the more experienced contractor will start with a higher mark-up knowing that the investor will not want to pay for change orders.The best solution to this dilemma is to get better deals.

I'm looking to learn the ropes from more experienced investors as I would like to leverage my current properties and scale up into opportunities that are more profitable in the next 5 to 10 years.

I'm no means as skilled or experienced as a lot of other BP members but if you want to chat RE I'd be more than happy to get acquainted.

Looks like to me you'll have to partner up with someone experienced to do  the first couple of deals until you get a track record/bank roll going.You say you're "handy."

Lot of different but well reasoned/experienced perspectives on this thread.

If you buy right even in a hot market you should be able to hold through any downturn experienced.

I would also love it if anyone could refer an experienced team that could install hvac (preferrably heating AND cooling) once the old system is out. :)We finally settled on the deal, to be closed on the 10th. 

If they can only afford 1200 a month but they need 1400 per month and they won't consider going elsewhere than you are going to waste your time.Seller needs to be qualified over the phone as to having enough motivation before booking appointment.In Person: As Brian and the other experienced negotiators oftentimes say, it is important to get in front of these people.  

BP is a great place for new and experienced real estate investors.

Some recent podcasts have featured experienced real estate business people who not only do well for their investors, but understand the obligation they have to those investors.