From experienced rental property owners, have you had better success with larger commercial management companies or local well established companies

Feel free to reach out to me directly if you have any other questions or would like to discuss a few other concerns you may run into during your remodel to Duplex your 1st floor unit into th basement.Hi @Samuel Pavlovcik, I know this is an old thread but it’s relevant to what I’m going through right now as I’m thinking of establishing a duplex down into my nonconforming basement and have a question about ceiling height. 

How did you build a team to establish a solid real estate rehab/flip business?  

It should always come down to the people that you establish as your eyes and ears, heart and soul on ground and to only invest for cashflow and cashflow only.With that being said, the numbers are so good here in the Midwest that I don't see an urge to consider any other market at the moment.Thanks and have a great day.

I am wondering how much of a gamble I'd be taking because negative monthly cash flow seems pretty risky.

I did about 8 flips so for. so  not a ton of experience but not a newbie...I establish over time a nice  local team as we all know is needed.few month ago, my main   local partner/contractor  failed me. 18,000$ first draw of renovation was taken and job was not done.he was very fair with money before, so I  can only guess , he got into trouble with other deals and tried to solve it using my funds. the next contractor I hired ,was recommended by my local relator. 

It was a gamble/"fun money" buy for us both as he is brand new to real estate and just wanted to get his feet wet and it was in a market I was a little curious about.

Some important key tips to remember when finding commercial real estate deals are establish your investment criteria and what you would like to get out of the investment.

I am looking for someone who is established in the real estate market in Buffalo, NY who would be willing to take me under their wing and sort of mentor me while I learn about the industry. 

Gambling is everywhere now and already much closer with Philly under an hour away compared to NYC at two and half.Hotel room occupancy and food/beverage numbers are strong here.