So it sounds like I need to figure this initial involvement of the contractor as cost of analyzing deals. ...because if the contractor comes back with an estimate of repairs that is too high to make the deal attractive then I'd be out that fee for his service.

Thank you for your service Kyle! 

We have a local government entity - Clean Water Services - who reviews what you want to do and signs off that there aren't any issues with wetlands or protected environmental situations (animals?

I didn’t have a mentor and learned the hard way of how to service the general public and real estate investors.Master how to service the general public and at the same time find a mentor who is licensed and does real estate investments in your state here on BiggerPockets.I wish you success!

In my business there are no cost for due diligence to the note buyer.. its all in a nice neat package takes them about 15 minutes.they can also get payments direct to them.. they don't require service r however if they want a service r usually about 10 to 12 a payment  your yield would be affected just a tad..  

Great guy and a lot of experience servicing the real estate industry.

Plus resident agent service...Corporate Direct comes recommended, but it’s $832.

Hello All, We have a 2 flat on the 3500 block of West Palmer in Chicago and need to hire a local guy to cut lawn, trimming, and spring and fall cleanup.  Can anyone refer me someone they have worked with.  Thanks in a...

Offer a service (e.g. you drive and buy the food) while they check properties and run the numbers. 

@Freddie Williams, if you are going to do a seller carry, I recommend you use a third party servicing company to make sure the payments are being applied towards the balance of the seller carry note.