Then, once you identify, start finding people who are successfully doing that and reach out.

They achieved their success by being selective and buying right.

I just received a accepted contract on my first flip, in St. Louis City, MO. Happy with the way it turned out and the profits. Still have to get through inspections.

But List price $99,900, sold for $98,000...

Networking with like minded people has brought me the best success in finding local talent.I haven't been able to establish a mentor, but I've established lasting relationships with people who are successful in their niche and have helped me to evaluate my business from a new perspective, which can be just as valuable as a mentorship.

One which has provided me the opportunity to successfully operate my contracting and property managment businesses for the past twenty some odd years.

One developer though has successful purchased and reinvented some huge mill structures in a viable way and continues to make news with purchases and plans for these buildings.

After successfully managing a few SFR's, then what?

and others say that the price is the price.Are these kinds of deals just dead in the water or has anyone had any success sending off an estimate of the true value based on actual expenses?

By Matt's logic and the 1/100 rule, in theory, I more than doubled my chances for a successful deal.

One topic that jumped out at me was McElroy spoke about in order to run a successful business you need to install systems, but what I want everybody that view this, is to list every professional you will need in your real estate business.