Someone may put a deal on the table like you said. 50/50.

In what world is establishing your own broker/contractor teams, doing your own research, hand-picking your own PM, and having final cut on tenants (if you so choose) a worse scenario than putting blind faith into a company that profits from you continuing to buy (and thus will shape your opinion of good/bad deals to fit their inventory).I'm not saying turnkeys are bad, but I am saying they sit on the opposite side of the table from their customers.

If I finance with a bank, they will definitely make me carry flood insurance, even though I can mitigate the risk in other ways.If I end up holding the deal long term, I will try to find a private lender who is willing to accept the mitigation (landscaping, retaining walls, exterior French drain, potentially hold an escrow, etc) as opposed to throwing that kind of money away every year on an insurance policy.

Let your future partners and mentors know what you bring to the table and present them with a professional first impression.The first part of bringing something to the table is education.

@Jason TopolskiSpeak to the president at the local REIA ask them who is the best rehabber.Check the contractors table at Home Depot and Lowes ask who is always busy.Good luck.Paul

One thing i can bring to the table is interior wiring.

A French Zillow-ish site (MeilleursAgents.com) has mapped out the buyer/seller ratio for its markets.

When that rehabber gets to the closing table to buy that sweet deal, he/she has to know for certain that your money is going to be there.

You also open yourself up to the tenants lying and saying you had this agreement all along and now you just want them out after taking their money etc.You do not give tenants any ammo to turn the tables on you.

I have a place to get rid of almost anything , I have a pile of water heaters, washers and dryers, lawn mowers all metal and a couple of cars all in the back of a lot of mine , looks like JUNK , but its about $ 4000.00 of scrap steel .I will load a truck with old wood furniture , tables bed sets etc and take them to a auction 50 miles away and I adverage , $ 500 a trip when I clean out a house .