Of course I'll continue reading books, forums, and BP posts, as well as listening to podcasts.I do have another question, would you recommend showing him an actual deal that I'm interested in (as a young investor looking for his advice) or first just seeing if he is interested in the idea of partnering?

I actually live in Rockville though, so I keep an eye out for deals in that Rockville/North Bethesda area.It seems like my generations values proximity to metro, grocery store and decent appliances.

You have to actually have to prove the work is finished (in phases) to get a "draw".  

When doing your calculations for ROI, do you base it on the actual amount you have in it or on the amount that the property is worth(ARV, etc)?

that may help you to get a discount to its actual value.

After reading a couple investing books (Brandon's "How To Invest In Rental Property" and J's "The Book On Flipping Houses") I realize now that making house flipping my own business is no longer just a far fetched dream but it is in fact a reality!

Which has no relation to what it may actually be worth.

Hi Parker,Welcome to the Tampa Investment market (#2 city in the country for investing in real estate actually).

If it makes you feel any better, 40% over that time period is actually a really bad rate of return, provided you bought cash.

Hey Michael, there is actually a category on the MLS called "DOM" (Days on Market).