The lender will give you a generic preapproval letter that states how much they are willing to loan you when you do decide on a property. 

Hi everyoneDoes anyone have experience with setting up & managing a fund or syndication focused on flipping homes?

@Edward Lui management is free I use my iPhone.

This is also why people who put properties in a LLC and self manage think they are good - well if you as the pm do something you are the pm so you get sued so you end up liable…

In my opinion, it is the BEST strategy for first timers - you get the buying experience, the property management experience, and you get to start building equity right away (especially if you live in Denver).

I've done everything from wholesaling to property management, and I'm always excited to connect with fellow investors.

Ultimately you have to figure out your budget and then decide what particular methods you can afford to pursue at the moment.  

Decide on your readiness financially and risk tolerance before developing an investment plan that is comprehensive but is able to grow into a long term wealth purpose.Good luck!

I've been trying and finally I decided to do a search on BP on how to delete a page and found this thread.

Assuming you are managing the property well and taking care of maintenance issues, there really is no benefit to either you or your resident from the inspection.