The correct website address is: http://www.winningedgesoftware.com/default.aspThe first one listed above on 3/22 is a gambling site.

Buy brick instead of frame; always put at least 20% down when you buy; FSBO everything you buy and sell; get a GREAT real estate attorney and have established commercial banking relationships; try to take 15 yr. financing so it will pay down the mortgage fast and never, ever refi money out of your properties and start your mortgages over after you've held them a long time.

However having her establish a independent business that you contract with for services seems to be a good way to go, but of course you should check with your lawyer..

It violates generally accepting accounting principals of cost or market and at least 40 years of established prudent lending practices.

From experienced rental property owners, have you had better success with larger commercial management companies or local well established companies

Have you already established a relationship with a Realtor or are you reaching out to someone you have no relationship with and asking them to make offers?

How did you build a team to establish a solid real estate rehab/flip business?  

It should always come down to the people that you establish as your eyes and ears, heart and soul on ground and to only invest for cashflow and cashflow only.With that being said, the numbers are so good here in the Midwest that I don't see an urge to consider any other market at the moment.Thanks and have a great day.

I am wondering how much of a gamble I'd be taking because negative monthly cash flow seems pretty risky.

I did about 8 flips so for. so  not a ton of experience but not a newbie...I establish over time a nice  local team as we all know is needed.few month ago, my main   local partner/contractor  failed me. 18,000$ first draw of renovation was taken and job was not done.he was very fair with money before, so I  can only guess , he got into trouble with other deals and tried to solve it using my funds. the next contractor I hired ,was recommended by my local relator.