It's pretty amazing.This is also one of the only times I recommend maxing out your budget.  

Much of this can be avoided, both investor and contractor need to deal more in reality - this includes budget.  

@Alex Capozzolo for Facebook advertising I believe the budget should be very "fluid" depending on your outcome.What I mean is that first you invest a little, check out the results and if you like the results, spend more.If you don't like the results tweak something, spend a little and analyse until you get the results you want.If you're making money with your advertising, then find out a way to be able to spend millions of dollars (step by step).In the beginning, you can see if something is going to be worth it for around $100 (depending on your local area this budget may vary).If you like the results, keep spending that much until you close the deals.Once you have cash the checks, increase your advertising budget as much as possible (gradually), so you make as much as possible.Isn't it addicting???

Can you give me an idea of area/towns, typical deal size (including acquisition and expected rehab budget), timeline for rehab and then for sale, etc? 

Budgets, floor plan, etc.  

The next one is on April 26th Wed I believed.

-Went over budget by about $80K Biggest surprises were sprinkler (~11K for sprinklers + 9K for extra engineering + 3 months holding costs) and water/sewer lines.

As far as our budget, the nice thing KC is relatively cheap.  

It is possible to buy a multifamily in DC depending on your budget.  

I'm looking for a little guidance for direct mail.  We just sent out 1398 post cards this week with no results.  I know direct mail works, what has worked for you?