The borrower hires an inexperienced agent to do a short sale and the agent has no idea where to start other than to do what they always do, list a property for sale and hope a buyer comes in.

Account Closedfolks, and tho I have virtual wholesaled 3 houses in DFW before I'm interested to see if this still apears to be a deal or not in this situation.

The purpose of an investor ensuring that a contractor has WC is to protect the investor from a lawsuit or having to come out of pocket should one of his contractors get injured.If the insurance company can and will come after the investor for reimbursement of WC payouts, what is the benefit to the investor to hire contractors with WC insurance?  

@Julian Buick My opinion of a top rated investor or flipper is someone or a company that only wants quality craftsmanship on all of their properties and would never consider hiring a non licensed, bonded or insured company or individual to have work completed.

You can always hire your own contractor and connect them with the PM.

@Bill Hamilton  here is my pathAgent at 18  in CA  broker at 20... sold RE for about 12 years .. then got hired by syndicator in Bay Area doing site acquisition ( great job I got commish and equity) In 1987 I engineered the buy out of a HML company my dad used for 20 years..

But ask yourself this, would you go invest the amount you have invested into this real estate into any franchise that you can think of and then hire people to run it for you while you hope it all works out in a largely removed capacity?

I wouldn't invest in condos and if you do hire a realtor like me that knows this stuff in great detail (and will read every page of the resale certificate).By the way, if you want a second opinion on Memphis, maybe it's better to get advice from an investor rather than a turnkey operator in Memphis that is trying to sell you something.

Taking this a step further - would you hire a firm that specializes in PM to manage your property or a soup-to-nuts real estate firm.  

Your legacy lives on with our meetup - you've helped to connect a lot of people and we even have a chatroom set up now ^^Hope you can come visit sometime or be a virtual guest and I hope all is well in Kokomo!