I'm having to get the AZ registrar of contractors involved, and fixing this has taken a long time.I am looking to start my first project for a fix and flip soon (up until now, it's been buy and hold, or invest with others who are doing the fix and flip), and am wondering how to avoid less than satisfactory work that will eat up time and substantially increase holding costs.My model would be a 20% downpayment, 80% hard money, and I pay renovation funds, but given my experience level with managing renos (very little), I am wondering how to avoid the risks of running too long with the loan and having it eat up profits.Any advice please.Thank you,LeslieP.S.

@Mark @Mark Pedroza undefined It is particularly distressing when the heads or founders of the local REIA turn out to be the ones that attendees should be protected from, as opposed to being the the model of integrity.

Now mind you they were all likely illegal operations.While its still a federal crime, I will not allow growing pot, smoking pot, or possessing pot in my rentals and I voted yes on 64. 

That tenant has a lease and can begin moving in upon the start of the lease even he hasn't paid you and you would have to evict to regain possession of your property. 

I'm interested in the business model for for investors buying the wholesale properties.

A hobby shop, model cars/planes and toys5.

We sold our first one under the new model before it was done, the next one in a few weeks, the third one ....etc etc ... we have maintained an average of under 30 dom each year for the past five years.

My business model includes wholesaling and renovating, I am looking for hard money lenders and contractors/subcontractors in the area to suplement my team.

The more work a developer has to do upfront the less of a purchase price you get.For example a seller selling a piece of land zoned residential with a house on it.The developer will have to level the house or have it taken away, clear off all the trees and brush, then grade the land to get it site ready along with putting in horizontal improvements.Before they do all that not only will they need to get zoning changed but have their site plan approved with density needs, access points, etc.All of that a developer wants approved before they buy as their price to the buyer is based on the developers highest and best use in their projection model once finished.

Bond traders have already used the failures in 2006 to 2009 to create new models that rate bonds with more transparency and less risk.