I’m thick skinned and am here to learn.

Hello,  Usually the owner is going to want you to have skin in the game and will be looking for a chunk of money down that they will keep if you default. 

To cover themselves, when they find a potential problem they tell you to consult a specialist in that system.

@Arn Cenedella does one need a sponsor in order to be part as a GP for a more lucrative compensation vs just wholesaling the deal if I don’t have “skin in the game”?

The best choice would be to have a structural engineer and/or foundation specialist come out and give you an estimate and scope of work.

@Timothy Church 1099 is less expensive than W2, just make sure you follow IRS guidelines on contacting.Firm believer in workers having as much skin in the game as possible to motivate them.

John,In commercial there are tons of specialties within the sub asset classes.The commercial brokers who are specialists in that asset class usually know almost daily values because they are in tune with the market.

However, as with many successful business theories, the original law has been extended over time to cover specialist areas, several of which are given below:Project Planning: If anything can go wrong, it will.

You need to grow a thick skin for this business.

A 10 week Reno where your in the trenches every day doing the Reno, ordering materials, plus your skin is in the game and making 16k is a no brainer pass for me.