However, some investors don't mind this strategy if they prefer not to put a lot of liquid in up front and plan to refi out within a few years of closing (which seems to be a great option with the talks of the FED reducing interest rates into 2025).It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.

Assess your liquid savings (cash, short-term investments) and allocate a safe portion for your real estate investment.

As October rolls in, the weather is cooling and real estate continues to do so as well.

Portfolio lenders or private financing (HARD MONEY) also works well for the BRRR strategy, but does require more liquid cash.

This was a cool project to try and problem solve as its not often you have to try and find the buried bodies.

Quote from @Caleb Brown: Happy to connect and chatHi Caleb, sure that would be cool.

The best thing to do would be to consult an attorney, but likely, that is not an option for everyone starting out.I'm not an attorney, and this is not legal advice, but some of the information that we include in our contracts is:- A clear scope of work - Payment schedule / Milestones- Change order approval process- Allowances for finished materials- Reasons to terminate the contract- Expectations for start date (X amount of time after final plans /permits are received or X amount of time after the contract is executed)- General schedule and timeline (This is where you could specify an end date - however it may be better use incentives rather than liquidated damage if your general contractor is late - we've done both, but found General Contractors respond better to getting something if they get done early instead of being punished for being late. 

He probably does not like real estate or alts either for the same reason, but annuities are just easier to jab at and are more liquid. 

Some Lenders do take issue with "gift funds" or other liquidity provided by partners who are not on the Operating Agreement.

Curious to know how you are getting to the other side and actually getting a quote back to purchase the certificate or deed (in AL that is).Thanks in advance for sharing and hope you are enjoying this cool yet sunny GA weather!