Expertise aside, it is always nice to have a "fresh pair of eyes" look at the project with an unbiased point of view.

But those percentages are eye-opening.  

I did 2 red eyes in a 36 hour period to do a turn over for one of my properties bc I couldn't get any time off work!

The vinyl siding (yellow or cream) will be staying, the roof will be replaced with a new architectural shingle...Asking for color ideas for stucco and any other inexpensive exterior dress up ideas..

However, even with my limited experience and knowledge I'll be keeping an eye out for opportunities in which I may be able to contribute some level of value to BP and its members.

@Charles Worth  right now I see them spread all over the country to competition in any one market will be negligable.. but if one decided to concentrate on a market and they bring in cheaper capital.. they will cream the best players and deals as the flippers who are getting squeezed on profit will be looking for cheaper capital.. 

Thank you for your quick response Bruce.I will definitely keep my eyes open for a property that will not cause me to fail.How do people continue growing if your money is held into a property?

so being new to REI  I wanted to get a few eyes on my 1st deal and see if I could get the opinions of a few people here on BP.asking price 249k, 4 unit mulit. 3 2 bed one bath, and a 3 bed 2 bath SFH with a pool on the same property.

There is a property that really caught my eye last week.

But to call it an LBO and not have people smirk or roll their eyes, will involve commercial transactions of at least middle market level (anywhere from $10m-$25m up to say $100m).