Currently looking to get started very soon and was wondering where you have found some of your best deals recently in AZ?

To clear 1 Million on a deal you'd need to find a deal spread of 2 million because after closing fees, agent fees, and taxes you get half the spread.To find a deal with a 2 million spread it have to look something like Purchase 2 millionRehab 750kARV 4.75 MillionYou''l clear one million after closing on the sale of finished product but you'll need to be at least 1 million liquid to get the deal done.

They could charge 4% of sales price, 8% of sales price, or a flat fee of $4000.

He is wondering what percentage of the proceeds would be fair to pay the contractor?

Add 20% to give you some comfortable room.Comparable Sales - What are alike homes going for?

If the foreclosure case was further out you could rent it for a little while and try to recover some money that way but not with an impending sale.  

I'm wondering how I could utilize a private money lender for the down payment and how this could work if this was a long term buy and hold or even a BRRRR.

Not to be a jerk here, but when buying due to an HOA forced sale it seems pretty basic that one would check for other liens.  

But you better make sure all your ducks are in a row, all your facts, all your documentation, everything supports that your original intention from planning, acquisition, renovation, when and how you started marketing it for sale, etc, your history of other investments - your proformas, your e-mail correspondence, etc, all pointed towards that this was an investment / business use property and not a flip.   

As for networking, anything you can do in person works wonders.