After going back and forth with different people about what our best option was (submitting an invoice to be paid at closing, signing an option with seller and recording it, etc) we decided that the best and only sure way this deal could happen was if we recorded an "Affidavit and Notice of Interest in Real Property" (which states we have a contract on the property) and put the buyer and seller in contract directly.  

is it good to start in new home construction, I'm kind of doubting myself if I'm too late on this considering how much expensive homes are in RTP area.

I assumed that we would end up basically owing nothing since depreciation, repairs and non-principle portion of our mortgage payment on the house greatly outstripped the amount paid toward principle.The tax preparer said we had to pay taxes on essentially the entire rental payment since our income was basically at 150k.

Rent minus expenses = Cash Flow. 

@River Sava I have looked at Somerville and really like the opportunity there but it's more expensive than I think the other people investing with me would be willing to participate in for a 1st flip.

@Dave Kush  for tub shower combo a curtain is better, less expensive, less maintenance.

Looking forward to being a part of this vibrant community.Best,JorgeHi Jorge, I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

Several weeks after sale,  out of the blue I received a letter form a creditor that there was a lien for $600 on the property PRIOR to the sale, that the builder never paid and now they are going to put a lien on the property against my name.

Right now I have all expenses (utilities, material, labor, interest loan payments, insurance) posting to the WIP account. 

I have as many accounts as I need and CC's for my expenses.