Asking price is $540K and our review and financial analysis shows an expense ratio between 30 to 35% and that the NOI will come in around $57K.

The son has been handling the property but has done a horrible job in keeping financial records.

I don't want to play financial advisor but at the same time, help them get on track to save up, get credit straight, etc.

Looking online I see a bunch of large companies that do this sort of work... but I would prefer a small consultancy, maybe just one or a few people. I would be especially interested to work with a female advisor if yo...

This is the second flip where we have realized during multiple weeks the contractor had not completed any work, and we have already put a clause in the work contract that if the work is not completed by a certain day, there is a daily financial penalty (200$ a day).

I recommend it to everyone as we are a true testimonial that it can change your financial future.

I'm new to BP and this financial Journey.

They had been in a good tier for their mortgage at the beginning of the process, and were in B paper, with a high interest rate.Prepare your financial situation so that you have some extra money set aside for emergencies.  

@Tony Roddenberry,Quick and dirty answer to your question.If you were able to take the roof off your dwelling structure, pick it up and turn it upside down, everything that falls out would be personal property (free standing appliances, furniture, area rugs, are examples) that could be depreciated over five years. 

Since then I decided to bring on a partner (who's happens to be a realtor) to share in the work load, expenses and profits(50/50) and also hopefully use his financials combined with mine to procure another construction loan.