To minimize that, consider the ways it can go wrong, assess the probability of that thing happening, if possible have a plan B to combat against it, or hedge against it in another way, insure against it, mitigate it, or otherwise figure out how to actively avoid the risk and still get into the investment, and after all that then decide if the total risk is worth it balanced out against the reward.

Which struck me as really odd after all the books I read, seminars and boot camps I had attended, if it was  so lucrative that peopke are paying 3,000-75,000 for mentoring or coaches, why coukdnt i find anyone making a living at it.Apparently a bit more difficult than thay make it seem :-)After the crash when I decided to focus exclusively on rehabbing, first year I did three, doing all the work myself, next year six after hiring a couple peop, e, hired a few more and rehabbed 12, doubled tge staff and did 13, oops something wasnt working

Sure after a few deals go for it on your own, but for this one just get an agent and let them do their job as your boots on the ground.

I think I will make a good return, and learn something to boot...

If you are not onsite to monitor the contractor - you need a "boots on the ground" project manager;4.

Anyway just make sure you do your due diligence and maybe find a boots on the ground type if realitor or someone that you can trust .

.: We'll actually be passing through Orlando in a couple of weeks on our way to a Robyn Thompson boot camp in Ocala, FL on flipping houses.

In my opinion you need to look for someone experienced in that market who is willing to be your boots on the ground.

How do you essentially "finesse" the fact that you're not anywhere near their market and will be relying on "boots on the ground" to get the deal done? 

I did some investing boot camps in 2004, and really wanted to get into the field, and want to now.