Fixed Costs equal all the costs, fees, and commissions that I can expect to pay during the project.Desired Profit is the minimum amount of money I want to make off the project when it’s complete.Rehab Costs are the material and labor costs required to rehab the property into resale condition."

Keep in mind, it costs 2-3 thousand to dispose of a mobile home.There are about $1500 in dumpster fees, and only about $400 worth of scrap metal there.

@Shawn Holsapple Thanks for the list of reading material.

I jumped in on the BRRR webinar last night and have briefly skimmed the blog and forum, but it seems most of the material is geared towards residential properties and tenants. 

I am buying sub $50K properties so the 1.5% commission I would get as an agent isn't worth the expense of all the required association dues and such.The course material was worth the $179 I spent on the online class and I feel I have a much better idea of the process and laws now. 

I'd like to avoid classroom sessions. 3) What are the costs of the materials and what materials do you recommend? 

If they do, it is really not material to the deal because whoever you assign it to is only agreeing to pay the purchase price (how the money is distributed after that shouldn't matter).  

I always have 1-2 subs per trade that is for a backup, on a time and material or fixed price contract though, I have contract with these guys on a yearly basis as an on-call based trade contractors, whenever I have a 2-3 day job these are the guys that I send out, they are mini contractors, usually work for themselves + 2-6 others.Your options now are, get a project manager to manage them, OR create a master schedule -- if you want to save a little bit of money and perhaps down the road, if you want a full time person to do it, count your payment as part of the fee --, a regular GC/PM can make this for a fee, maybe 300-1000 depending on the project size.

This provision goes away generally if they are doing something illegal or ask you to hide material defects that are known.In license law as mentioned I have seen provisions where if a buyer or the buyers broker has made a REASONABLE attempt to go through the sellers broker then they can contact the seller directly.

I'm in a pinch and need materials asap.