If you don't have any money for flips, the only suggestion would be to use private money from friends and family - ask them to use their capital to fund the deal and then you do the work and you either split the profits or offer them a set return on their money in the form of a mortgage/promissory note. 

They're widely available, many of them open-ended (meaning you can buy in tomorrow, next year, whenever) and you're not under the same pressure to find the perfect property.In the past, private equity funds were generally closed to "accredited investors," a sub sector of affluent investors who -- perceive ably -- have more money and therefore must be more savvy.

The really tough spot is the contractor is your representative entering your tenants private home.

@John Bradleyin regards to the website, sent you a private message.Regarding the other general questions:1.

We used our own private cash.

You will need to talk to private money lenders or hard money lenders.

Good afternoon BB, I ask this question yesterday but I just want some further clarification, here is what my CPA sent me in response. Please let me know what you think, thanks BB.Andrew, You could elec...

The Connecticut statute also specifically provides protection to the tax deed purchaser against any liability for any condition existing or occurrence upon the property or adjoining public sidewalks and streets, or for any failure to act to remedy or investigate any such condition or occurrence during such redemption period. 

So, with a small amount of investigation, and some persuading of my fiance, we jumped in and bought the duplex.

Large servicers don't charge people for modifications, but I guess since it's private you may be able to, but I'd do some research on that and any legalities.