I can understand some of your concerns dealing with contractors, since you’re investing in a smaller community.Sheboygan is “ about “2 hours from Milwaukee2.5 hours from Waukesha 3 hours from Madison3.5 hours from Chicago4 hours from Steven Points4.5 hours from LaCrosse5 hours from MinnesotaNow here some more keyword alerts examples :~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~buy-hold, multi-family, rehab, wholesaling, homepath, military housing, student housing,contractors and etc

So I have a realtor, a CPA, a couple leads on contractors, a lender, I have started my business plan...outside of a deal all i'm missing is a real estate attorney, right?

Im hoping on the next one I can keep the cost down since Ive been meeting more sub contractors

Do your best, and try to get an opinion from some local contractors if you can.Then subtract the Repair Costs from the ARV, and take 70% of that final number.

If a land contract or contract for deed is refinanced prior to ownership seasoning of 12 months it is generally treated like a purchase money mortgage.

I will be paying a contractor approx $25/hour for work.

In order to save money, I end up playing the role of the general contractor and hire people by referrals from others and through Craig's List.

s declining tenants, telling a contractor they didn't get a job.

My full time job does give me a unique insight into building failures and I also get to see what contractors screw up, or install incorrectly.

They usually look vacant and have a bunch of contractor vehicles in the front of the house.