Especially with the demolition of housing projects, you are very likely to find Section 8 tenants in many parts of the city, good and bad.

How have you set up pay and incentives with your go-to contractors so that they are incentivized to continue working on your projects and get them done timely and well? 

I use a sensitivity analysis as well in my pro forma so I can tell how aggressive I can get or how bad can things get before I consider it a bad deal or lose money.Can't say I haven't lost out on deals just bc of speed... one time I couldn't get a hold of my partner for an hour to decide what entity to submit the offer or hold title in and when I call back the listing agent they had literally just taken another offer.

In other words I can head up the project, I just don't have the money. 

@Matthew PaulI take my boys to my projects as well. 8 yr old can assemble a ceiling fan in 20 minutes, 9 yr old can paint an entire room and hang blinds.

@Kevin Wareham also 1 more question : will the home possible loan count projected rental income as income towards the mortgage payment?

YR1 ROI= (Annual CF + Forced Appreciation + Market Appreciation) / Total Amount InvestedRun that analysis a few years, check out your ROIs, and see if you are content with the results.

I'm wondering what is the best and most professional way in approach another investor to try and convince them to let me be apart of their deal/project?

., I’d say capex is the same.For future assumptions I am a fan of looking at historical averages and projecting out.

I did a couple of analysis and if I manage to pay the DP, I can still earn around ~12% cash on cash ROI.