Be willing to spend more money or more time, but I've learned I should have spent more money and moved more quickly.

Be willing to spend more money or more time, but I've learned I should have spent more money and moved more quickly.

I’ve flipped in the dc area for years, right now there is just money & in the vast majority of cases there is high likelihood of losing money, right now the best investments in the area imo are buy & hold, I’ve even gone full circle and while I really liked value add for most of the last decade I think in a lot of ways new construction especially in more affordable markets (I’m personally a big fan of the eastern shore market) is a much better way to make money long term than flipping and brrring while I know they are sexy & certainly you getting a huge paycheck is great, there just isn’t any money in it right now, especially in nova. 

Where many investors are failing is wearing blinders to feedback and only wanting what they consider to be constructive feedback that supports their point.

There's a severe lack in proactive support and you're left wondering if they value you at all.

Thanks for the support. 

My rehab is crawling along but I'm doing it at a pace I can afford without outside money and I'm learning along the way (that I probably want to have more momentum on my next similar deal).

When youre in housing court you should also ask for a money judgement in conjunction with possession to the property.

Moving forward it is best practice to obtain your own third party estimate for repairs and use that support the repair contingency or price adjustment so that the seller has no influence on the cost estimate or timeline.

So most of the time developers who pull this move, replace with a new unit NOT used.Utilities on bare dirt will cost more time/money than I think most realize.