I’m going under contract hopefully today (as long as the McDonalds is still open lol) on a commercial property that will be worth double at closing without lifting a finger.

Then I'd say it's worth keeping.

I recommend you read some books about how to manage properties well, use a strong contract, know that contract inside/out, know your state law inside/out, build policies and procedures to catch and stop problems quickly, know how to screen and select good applicants, etc.An ounce of prevention is worth a pound of cure.

I would be purchasing with an FHA loan, how do i assess if the deal is worth it?

Yes, its all about educating yourself, books, videos, REIA meetups, Bigger Pockets connections and maybe one on one courses to become a house flipper expert.

They would have to have a smaller layout and then completely re fabricate the whole kitchen.....It's basically just not worth it.

Willing to JV with someone who can close all these leads and possibly continue building a business with.Lets connect!!

Inflated Prices:Flipped homes are often sold at a premium due to the perceived value of the recent renovations, which might not be worth the asking price if the work is subpar.8.

It helps in the long run to develop the connections plus they know the area well which avoids hiccups down the road.

I know it will pay for itself, and then some, but I need to know it'll work.In the past when I did this, I created about 10 different ads on facebook and connected the ads to a cash offer form on my website, ran them, found the best preforming one and scaled it and deleted the others.