Should I issue my contractor a 1099 for each draw he receives or should I issue a single 1099 at the end of the project? 

We typically employ a week-long trial period during which we'll give them a single project (e.g., making 10 seller calls, or posting 3 houses for sale on Craigslist).We make sure to provide detailed instructions and give them crystal-clarity on what successful completion looks like, and then we turn them loose.At the end of the week, we'll assess their performance.

These can both be analyzed on the front end with projected number when looking at a deal and give insight as to how long you want to hold the investment then assessed on an ongoing basis to compare against your original analysis and current market conditions.Hope this helped!

I would love to give my time on the weekend to help out on any projects that are currently going on in the DFW.

It's critically important that you examine the underwriting and assumptions made in arriving at any particular performance projection to see if the projections make sense and are reasonably achievable. 

Purchase price: $53,000 Cash invested: $56,000 This was a 6 month estimated project that turned into 1 year, and still going.

Due to a bad contractor, the project was derailed and took about two months longer than it probably should have.

Our construction company works on construction projects in that area all the time, and so we work with a lot of architects.

I have looked at fundrise and its underlying initial project.

It is a nice, quiet neighborhood with good schools right across the bridge (about a mile away) from downtown New Brunswick which is a city home to Rutgers, RWJ Hospital, Johnson & Johnson, NJ Transit train to NYC and a lot of development going on including a brand new theater and a huge development project at the train station which will include shopping, food and apartments.