If you do not manage the project properly time can eat away all your potential profits.

You can also meet contractors, handymen, subcontractors and other service professionals should you guys decide to do some rehab projects to build up some more capital.Feel free to reach out if i can be of any help, best of luck to you guys!

Just wondering what would the term be to refinance the project.

You'll see the numbers clearly, what it will cost, and what benefit is projected, and make an educated decision yourself (with the counsel of your CPA) and stop giving money to the IRS, that they allow you to keep!

My wife and I painted it, and renovated the bathroom and the kitchen with the help of my father-in-law who is a realtor and project manager, so we did most of the work ourselves.

If you've got the experience and can tackle these types of projects, you may want to start out with one and see how it goes.

If a builder announces a new project in an area, then what happens to the neighboring property prices?

In your experience, what are 3 "MUST ask questions" when interviewing a Hard Money Lender to fund your project???

I regularly volunteer for Denver Metro's Habitat for Humanity to gain some exposure with various home project experiences (drywall, flooring, painting, exterior work).

@Brandon Lewis if you are flipping I would look time on market, crime, school ratings, which neighborhoods are desired over others, the median price of homes, the price of homes in certain neighborhoods you are looking at, population growth, the top employers and how their business is doing, any city projects planned to boost growth, any large private projects.