The negotiation process involved a detailed analysis of the property's potential value post-renovation, which allowed me to present a compelling offer that was both attractive to the seller and aligned with my investment strategy.

This local expertise allows us to make informed decisions and stay ahead of market movements.A Track Record of Success: Despite the challenges of starting during uncertain times, I've successfully completed multiple flips, each time learning and improving my strategy.

@Benjamin P.I use this equation to back into my maximum allowable offer (MAO)ARV - Rehab Costs - Holding Costs - Purchase & Sale Costs - Desired Profit as a percentage of ARV = MAO

Also, 203k Consultants are not allowed to recommend contractors or be project managers or anything else other than performing their duties as a 203k Consultant. 

I figure carrying a few notes on I/O would allow for stable income and using a few to 1031 can still help me grow.

Setting up a separate bank account is also easy and free in many situations, this will allow you to keep things clean especially at tax time.

Our Private investors will fund the remaining 10% of the purchase price, the first portion of the rehab (to be drawn later from the HML), and the holding costs.I use this equationto back into my maximum allowable offer (MAO)ARV - Rehab Costs -Holding Costs - Purchase & Sale Costs - Desired Profit as a percentage ofARV = MAO

I’m out and I just can’t believe that LPs allow this. 

Also, what resources/training, would you recommend I look into to get a more detailed, in-depth of how to estimate repairs, ARV, max allowable offer, etc?

As a result the contract outlining the agreement is (1) full off contingencies allowing buyers numerous opportunity to “back out” of an agreed to transaction and (2) supported by a relatively small (sometimes VERY small) amount of “earnest money” which is usually refundable given the contract contingencies previously alluded to.The result is (1) a large number of contracts “falling out” prior to closing, (2) a relatively long “due diligence” period of time between initial contact agreement and closing, (3) renegotiation (or attempted renegotiation) of price and terms by the buyer And, or (4) utilization of the contract as an “option” by some “buyers” who have no intention to complete the purchase UNLESS they are able to find someone to pay a higher price.Interestingly, in some countries, such as Argentina, for example, due diligence is performed BEFORE a contract is negotiated.  40% - 50% of the purchase price is due at signing of the initial contract (what we refer to as earnest money); it’s only refundable IF the seller is unable to deliver clear title, and closings happen as quickly as the buyer can come up with the additional funds.