Direct marketing is your best option to find a good deal.Once you find that deal (and you should have already lined up money), you want to start the rehab process immediately, time is your enemy and cuts into profits.Education is paramount and you must know how to evaluate rehab costs and properly calculate the ARV (exit value).

So if installing laminate is normally $2 a square foot, you're only going to pay him $1.50 a square foot.By agreeing to that discount, then maybe it would make sense to cut him in for a portion of the profits.

One thing is make sure your lights work, each light switch has a cover, any kind of porch, steps and hand rails are solid, there is hot water, grass is cut, sufficient garbage bins..I got violation for all of those..

A little shove and that rock hovering on the edge of a cliff has it's potential energy transformed into actual kinetic energy. 

You have to have some cut off date and terms.

We also have the amateurs, the once in a while types, most in RE are, this is not their profession or main source of income and it supplements many very well.

Bad contractors seem to far outweigh the good ones so don't cut corners on vetting them no matter how highly someone else recommends.

SFRs- we take care of trees and shrubs, tenant takes care of mowing, edging, and flower/vegetable beds.Maintenance Issues: We take care of all maintenance & repair.

Instead of returning - handyman was able to cut a piece out of the doorway but it was still more work - exact same size/brand/model would have been easier

The home was initially listed for $5,000, but it's currently on the market for $3,000 after several price cuts.