While you maybe flipping, I guess I don't jump to seeing this as a new "world" any different than a homeowner wanting to remodel their own home and having to buy their own insurance...If you have the time to do this, it lets you find and hopefully hold on to the "good" trades, the ones you like and get along with well. 

However, based on our conversation, this strategy might unnecessarily complicate things.As a 1099 contractor, can I deduct all upfront expenses for the STR upgrade, as I did with my San Diego property?

I believe learning by educating yourself is the best base for achieving success.BRRRR Hard CopyBRRRR on Audible (1st and 2nd download w/ audible are free I believe)Good Luck!

Hey Everyone ,Am new to real estate wholesaling and i want to start in Nashville TN and am based in Egypt and I want to wholesale virtually in the US .

Calculating the depreciation base, typically guided by a CPA, is the primary complexity.Except figuring out the depreciation base to use (what amount from the total acquisition cost goes for land and can’t be depreciated, and how much goes for the building/improvements to be used in the segregation and depreciation calculations, and even that should be an easy answer to figure out or get from your CPA), the rest is simple stuff your CPA will not know anyway (thus him sending you the “survey”) like, the sqft of the house, the length of the fence and if wood/iron/brick, how many ceiling fans in the house, how many cars garage, if carpet or tile in what room, etc.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

Could it work as a rental in those areas sure probably could if the numbers worked out, but your tenant base is not going to be the same as say Spanos area ,Stonewood ,Caldwell some areas around Lincoln, Brookside.

Lastly don't base the "party situation" off the old PM.

That $50K likely elevated your value by $100K-$500K, based on your payback term.

The question is, how do people find these connections if it’s an area outside of their original home base?