Here is what I tell everyone frequently on BP1. ask for comps--and VERIFY them2. if they give an ARV, ask for a WRITTEN bid from a contractor3. ask for their license and insurance (not a driver license as one "wholesaler" proudly stated she has4. ask to see a copy of the contract proving they have an ownership interestI have made quite a few of them mad because I post to help protect people from getting screwed by these operators.

@Ramin Yesharim - something you might consider in your research is the question I see asked most frequently about the BRRRR strategy: where to find a lender who will do the ARV refinance to get your cash back out in less than 6 months?

@Robert Musallam Do you frequently work with investors? 

I am frequently traveling between Seattle and Park City, and would like to invest in flips, SFH as well as multi family.

You frequently see them advertising on BP.

Stock market investors frequently invest this way.

Anna, since this is your first one:Once the paperwork is signed and you know you are getting it, go over there fairly frequently and let your presence be noted.You don't do any work or repairs until you close escrow, but I would keep the yard mowed and the weeds down.

But that regret hasn't gotten me to change my investing practices as of yet - other than putting in my hud bids far more frequently.

But I am just giving you  a  hard time... most of us guys on BP that are frequent posters and RE brokers are pretty experienced and there is not much in the way of out of the box thinking that we have not already done or forgotten about...

On top of that, Minneapolis is undergoing a major surge in rental growth and the city is starting to crack down on out of town (absentee) landlords by threatening more frequent inspections.http://www.startribune.com/local/minneapolis/260623841.htmlMinneapolis is a great place for rental income right now with avg rent at $1000/month but if you're thinking around the $130k range for duplexes any where near the U and are under the impression that they are at or above avg or livable condition I fear you're being a bit mislead.