You'll need a board of directors who have some expertise and have no relationship to you (family or ongoing business relationships).

"Difficult" is going to depend on a lot of things -- your goals, your expertise, your experience, your support team, your approach, etc.For some (like me), landlording is more difficult than flipping.

This is too big of an investment to go into without serious expertise.

But I'd appreciate input from some of you that have more experience and expertise to confirm my belief.Thx,-jim

If they are on your colleagues list, you can @mention them if you think their opinion or expertise would help the post.To use the @mentions you simply type "@" followed by their user name.

The numbers mentioned are a huge spread, $25,000 to $50,000........might sound better to say requiring no more than $xx,xxx.What do you base your numbers on, saying your area doesn't say much, again specifics, are you in Dallas, New York, or Branson The management profile says nothing. who are you, how long have you done this, what expertise do you have who is your Realtor, how good are they, what's their record and how long in the business.

This is beyond my expertise so please correct anything that is wrong here or better yet, how would you guys make a deal like this work?

I actually think that rehabs generally require more expertise to be successful than any other basic investment technique.

I am here on BP to offer advice and my expertise on real estate investments, alternative investments, and leveraging life insurance to enhance returns on real estate.

Many of us got our degrees at the School of Hard Knocks, but our expertise learned there is worth every bit as much as your four year degree.