An indication will be how the breaker box is marked, if there are seperate breakers for the bath and kitchen, laundry, A/C, stove or if it just says bath and bedroom, if it's that later, you probably don't have new runs.

It is nice to have more of these folks and fewer trolls that thread hijack with nonsense at every possible instant.

So, it does require that the GC trusts you to some degree.While I don't use lien waivers, I do talk to the subs every chance I get, and I will flat out ask if they're getting paid, if there are any issues with payment (late, checks bouncing, etc), and if they express any concern or indicate that there might be a problem, I'll pull the GC aside and have a chat with him,But, I've only had one problem, and had I been a little more perceptive, I could have avoided it (it was on my second project and I wasn't proactive enough).Also, it's always good to ask the GC (and the subs) if they've worked together before.

However I'm going to go forward with it and just tell both parties up front what I'm doing that way there will be no confusion.The first thing I will do is create a disclosure form for the seller indicating that i will make a profit from this option.

In order to qualify for it, you'll need to sign your name to language in the mortgage indicating that this will be your primary residence and that you'll be occupying as such.Also, if you QCD the properties back and forth, it opens the doors to the tax assessor reassessing your property.

Tracking craigslist ads over a period of time for an area can also give you an indication of what owners are doing with properties.Hope this helps

I've read several posts from investors that indicate that real estate agents are of little to no use to them.

But, you're right that I didn't distinguish these from rehab costs, which are also technical Capital Expenses (which I don't believe are part of the 50%).Btw, the calculations I've done in the past have indicated that these types of capital costs should add about 5% to the total cost of holding the property over the long term, so if this isn't part of the 50% rule, you'll probably want to add another 5% to your estimates.

Well, yes I agree, be nice, you might revive it and get the deal (but I doubt it) as to this taking weeks, that's an indication to me that something smells bad.

Let me clarify: Chances are, if you use an entity, disclose you are flipping, or otherwise indicate your an investor, you are likely going to cause extra scrutiny.