Got a couple questions about the rehab portion on the HUD in a delayed financing scenario and how it would affect the subsequent cash-out refi that hopefully y’all can help me understand:1) does the work have to be performed by a contractor (similar to how an FHA 203k loan requires this) or can you do it yourself,2) does the scope of work have to be line-item’ed or is it just a bulk amount for the whole shebang,3) in the event that the sun, stars and the moon all aligned and Mercury just happens to be in retrograde in the rehab actually came in under budget (say, $30k put on the HUD for the rehab and it came in at $25k all said and done), is the excess amount returned or just what happens in that scenario?

The biggest mental hurdle I faced when entering the STR space was that I did not want to deal with the headaches associated with managing an Airbnb and maintaining a 5-star rating.

Lastly, that star rating is pulled at more macro-level data.

I feel like I don't know these agents well enough or their expertise to commit to one this early on.Please advise, and if you know of super star agents in Dallas or wholesale agents, please let me know.  

I don’t have the experience nor the hands on learning yet to star, I’m currently looking for mentors willing in the area willing to teach me.

When they sent contractors to the homes, I'd look them up on Google Reviews, Yelp, etc and most times they were about 2 out of 5 stars.3. 

Hey Brittany,As Brandon Turner says, "Rock stars know rock stars".

We welcome any suggestions on how to build a team of "rock stars" from long distance. 

However, they arewholesaling stars, and I’m merely hoping to start with a handful offix/flips a year, and thus would like a parsed down version of theirmachine.

We thank our lucky stars we bought this home, which has allowed us to purchase 5 others in CA.