Rod is right about the risk of analysis paralysis....Lots of thoughtful reasons on the board here..Financing of course, and others... but that may go more to financial and personal management skills, which do screen out many.

Once you get going and become more busy you can weed out those that are high time low return.Some good ways to screen potential clients.Ask for proof of funds or preapproval letter.Ask what their purchase timeline is.P.S.ADVERTISE,ADVERTISE,ADVERTISE,ADVERTISE,ADVERTISE

I would like to share a thought I had about the trifecta to look for when hiring a good GC for your flips; Quality work; get the job done in your time frame and within budget. 1st, I once heard on 1 of the BP podcasts (sorry I don't remember who it was on which #) that you can find those that excel in 2, aspects and the 3rd is "okay", but you will rarely find a GC that specializes in all the aspects.

In the world of craigslist and outsourcable background/credit checks, they're not that hard to find or screen.  

If you do business with them you wont have to worry about what neighborhoods to stay a way from as if your investment performs poorly they will make sure you are successful with all the guarantees and promises needed in order to make a low quality property perform like a good one.I have copied the link here where you can see that the lifetime guarantee is part of their program.

One I had to turn over already due to the quality of tenants, and it just happens to be the house with the most door locks I've ever seen on a 1200 s.f. house (9!).

In short, life includes problems and it is how you deal with them that often defines the quality of one's character and happiness.

Can't stress enough the quality of their work, as I've worked with other title companies who managed to screw up closings in so many ways.Give Shylia Trout a call and tell her Anderson Schulle sent you. (817) 377-9009 and [email protected]

Key to it is the same as painting, the prep work that goes into BEFORE and the quality of the job itself.  

So for those who do decide to proceed with lesser quality data sets be warned that you may be walking into a situation where the documents are not available as well.