A guy has been rehabbing this property near my old neighborhood (aka, in a neighborhood somewhere between blue collar and ghetto, call it a C area) in his spare time, and before he got finished it was vandalized.

He charges a flat fee from start to finish.

Is that attainable?

If they like dated finishes that's one thing but I don't think the majority of retirees are going to seek out 1980's finishes.My personal background is the opposite of yours though.

@Brandon Turner - thanks- just finished the beginners guide last week- have been listening to your podcasts and learning alot!

From start to finish (3-day notice to pay rent or quit, 10-day notice to respond to the court, two-weeks until our date with the sheriff = 4 weeks) it took just about one month.

Code enforcement said that the entire finished basement filled up with 8 feet of water.Squirrels, mice and rats can build nests inside an empty house.

Your goal to flip and purchase buy/hold is definitely attainable.

Thanks Belinda, Just finished chapter 2 ...

But well worth the effort of asking, as you will have no mortgage insurance premium.Some local banks offer renovation loans for investors -- I believe you might find something at a higher rate like 7-8%.I am just finished up a 203k project for my personal residence, so feel free to contact me if you have more questions.Matt