In this case you would expect to receive a deposit from the seller at closing, but he wont give you anything.

Don't expect this is going to turn out to be a great investment, though.

Do you think 2020 will be a good year for home flips, if so what numbers are you expecting on your RIO, and if not what problems do you believe will occur?

Not just because you can get into trouble with the SEC (if you're selling a security), but because it comes across as sleazy and needy if you're cold-calling investors.Lead by example and invest your own money, tell people what you're doing, be genuinely helpful and expect nothing in return.

The selling agent is expecting 3% and will not or should not argue.

I had the money in the bank to cover it, but it took much longer than expected to get it ready to rent.

I bet that is going to take longer than you expect.

Most likely seller has unrealistic expectations and it will be hard to find common ground.

Typical interest rate (expecting 5%)?

Thank you Bryan.Are you saying that if a tub is installed properly then I shouldn't expect it to crack after 10-15 years?