I'm working with a new contractor who has good reputation on service magic and seems like a very nice guy.

Build your network, make those connections, and build a reputation as someone who can make deals happen and you'll find that people bring deals your way.

Start with 1 thing and get good at it IMO.Flipping/Rehabbing will take either cash or a reputation & results.

Of course not, but most of these big "reputable" companies do it .

Here are actual properties for sale on the sites of two of nation's largest turnkey companies, who enjoy preeminent reputations in the industry.Company 1:Sale Price: $109,900 Down Payment: $21,980 Closing Cost: $5,500 Total Investment: $27,480 Monthly Rent: $1,125 Monthly PITI: $725.68 Monthly Management: $90.00 Monthly Cash Flow: $309.32 ROI: 14% Price Per Sq Ft: $73.00 Company 2:Purchase Price= $89,150Monthly Rent= $825Taxes/Insurance -$135Management Fee -$35Monthly Expenses -$170Monthly Income x12= $7,860Yearly ROI= 8.82%OK, if you've on BP longer than 30 seconds, you'd quickly see that there is no vacancy, maint/repairs, or capital reserves.

Especially if you have an reputable engineer's stamp on it.

I am happy to share my experiences and even some tools I developed for myself.

I am in Southern California, I currently work for a RE Developer and going nowhere fast.

Unless of course she'd assured her buyers it would lower and now she loses face/reputation...

These are new developments so it comes around a year later when it finally causes a backup or overflow.