Without professionals involved in the deal like a commercial realtor, you need to do a lot more than the usual due diligence. 

@Mike Bales That's one of the risks you run as a real estate investor, check out a HELOC, you can borrow against it and usually pay interest only payments.

Another thing I usually do is check if something is on MLS or not by making sure it shows up on realtor.com and/ or Redfin as well as Zillow (anyone can post on Zillow)

Anna  EXACTLY HUGE difference with no money or fully levered transactions .. and someone trying to do real estate with no finances or working capital.. keep in mind its the gurus and book sellers that talk about how you can do deals with no money and OPM.. and this happens for sure.. but usually for people that have working capital and understand the basics of real estate transactions.the wholesaling gig where folks think this is the way to break into the business is just fantasy..maybe bird dogging.. were your just talking and trying to refer people to others who can actually transact.

Do you usually hire an agent to list your flips or do you list yourself  or have someone on your team list the property? 

These master policies are usually cheaper, much cheaper then what you’re quoting.

There might be a design build firm in the area but usually they do smaller residential project.

Your description implies you are looking at one unit in that example. 

Usually, you'll have to send a certified notice to the tenant before you can file.

How much do usually budget to spend for rehab?