I am beginning to start the prep work and this is very helpful information.  

Andrew Johnson “I use Appfolio out of santa barbara, ca its definitely not free and my property mgmt company passes those costs down to me which I think is around 50-60 bucks a month based on number of units under the service.I am able to see all reports from rent rolls, cash flow statements / trailing 12 month cash flow, tenant ledgers, maintenance requests, dialog between tenants and mgmt staff, resolutions to maintenance requests, move in pictures, move out pictures, or video, and many more features.What I like is that it allows the vendors to be in a dialog/text/chat box so they are prepared (vendor) prior to job assignment with lockbox codes, scope of work and pictures before they even go to the site so we dont waste time figuring things out and run up a huge $$$ bill for lack of efficiency.”

Most sellers know they can get more if they put in some work and list it, but for various reasons, rather sell it for cash at a discount and move on. 

I think it is important to level-set expectations since every other newbie I've met seems to think they can just waltz right into any market, without much work, and without two nickels to rub together, and pick up a fantastic below market deal ... so, I'm just trying to keep it real up in here.

But I'm willing to do the leg-work and cultivate these opportunities.Have you done/are doing these kinds of projects in Ogden?

I'd love to get a true sense of what a flipping deal looks like.This format work? And

You really need to be doing a lot of work and due diligence to determine that any deal is the right deal for you.

But as long as you are talking about a scenario in which A puts up all the money, B does all the work, and B has 100% control over the deal, you get into syndication territory.

Clearly you took this post wrong and didn't provide any useful information to me on what specific things you do that work and make your flips successful.

How exactly does this work, and is it a good idea?