Young and motivated with pretty decent job, income, and credit.

Starting with little money and allot of motivation.  

I am motivated to learn everyday that's why I joined this website.

You came to the right place to learn more about real estate and connect with other motivated investors.

A relative may be sufficiently motivated to work with you.It may be that a formal Conservatorship has been established.

I want something that will protect me from tenants that will just ignore requests for inspections and showings and I feel that a penalty will motivate them to be serious about working with me to be able to come see the unit.

I'm under contract for my first fix and flip in East Chicago, IN.Purchase Price:  $50,000Rehab Costs: $30,000ARV:  $115,000I have two financing options that I'm considering.Option 1 - Hard MoneyAPR - 13.5%Origination Fee - $3,000Appraisal/ Inspection Fee - $350Option 2 - Offer from family members (Aunt & Uncle)Family members bring $40,000 to the tableI bring remaining $40,000 plus holding costsSplit sales proceeds on a 50/50 basisOther pertinent details:  I'm hoping to hold the property no more than 6 months.  

Upon sale it would be paid off and the remaining cash would go into your exchange account.  

It has motivated me and erased all doubts about the unknowns.

If I didn't have the code, we would never close cause the owner wants to sell it but for what ever reason has no motivation to do anything with any kinda of speed, and when there were things that came up on the inspection, if I wasn't able to get in, they'd never get done.