Go to every listing open house in your market, see what your competition is doing.

You are also in competition with people who are probably expert and in the ground in SC.

I'm not local to DFW so not competition :)

Will a 20 percent equity position be enough cushion to remain competitive and successful?

As for the competition ($25 vs $1000 EMD); generally when people are contacting you, there is no competition.

Focus on getting the seller to like you more than the competition, which I'm sure you have no problem with.

My electrician is quite adamant about that price being competitive.

Just to say that you've never done it, inventory is getting thinner, competition for remaining flip deals is higher, margins thinner, and you're not paying cash to get a great deal - but you're also not putting your partner's money and credit at risk?

• Competition o Who else is building right now?

How do you know if another bandit might start removing your signs just to remove the competition?