The budget has 10% management fee which is expected but then there’s a separate line item for site manager payroll at 5k.

For example, if someone buys at a pre-construction price expecting to sell at market price when the property is built, and in the interim, the market goes down, the speculator may have to sell at a loss.

Risks of unforeseen issues with a flip leading to a hike in the budget and the investor do not meet your expectations during the project, leaving you to do most of the work 3.)

Expect to be vetted and have your financing and cash deposits (or POF) ready before contacting anyone so that they will take you seriously. 

Investing in these places in South Dallas may in fact be the best option, but in general anytime you're expecting to feed the beast you need to also be expecting appreciation - forced or otherwise - to make it an outperforming investment. 

Very encouraging and I like the way you have it broken down into steps.  

If you are buying properties at that cheap ofnprice point, expect that problems that come from thst price point, and be ready to likely lose money. 

Don't expect an email blast to do all the work.

Compare their responses to my expectations.5.

Just want to get a feel for people’s thought processes and what to expect for this area.I’ll also be looking for a contractor to do a few other upgrades (new counters, kitchen island install, possibly crown molding, possibly new floors) shortly after the bathroom install.Best,Rhett