$82k gross on a $700k purchase is not ideal at current rates.Margins are slim, and I worry that you are underestimating costs and potentially overestimating revenue (I would not take Rabbu projections at face value).Margins are slim, down payment amount is high.

Hi @Laura Parra,The price per square foot can vary quite a bit depending on location, builder, finishes, and even the size of the project.

I’m open to learning, shadowing a project, or just talking through how you approach funding, deals, or first-time flips.

Brush up on building code requirements: in basements you're looking for egress windows that are 5.7 sq feet or more openable (3ft by 3ft casement style windows work best), and ceiling heights 6ft 8 inches or greater (as little as 6 ft 4 inches is ok under ductwork and beams though)3.

I have a lot of high interest debt used to finance my projects and wondering the impact on credit score and whether it is worthy or not. 

That early leak under the laundry sink they spotted last month saved me thousands versus finding it soaked through the ceiling later. 

I’m motivated and love diving into new challenges—whether that means learning how to analyze deals, lending a hand on projects, or simply soaking up wisdom from those who’ve been in the game longer than me!!!

The main drawback is limited track record—the sponsors started in 2019 and have less than 10 years of direct real estate experience, with backgrounds in non-RE fields prior.Based on this, my current criteria for sponsors I’d consider investing with are:Focus on 1–2 regionsFocus on one asset classHave 10+ years of direct real estate investing experiencePrimarily dedicated to running investments (vs. running podcasts/courses/events)Appropriate amount of capital raised / projects going on in a given year.My question to the community:Are these the right criteria to evaluate sponsors, or am I missing key factors?

Some investors I work with act as the GC and subcontract parts themselves, while others hire a GC to manage the whole project.

I am looking for some investor friendly contractors to gain some bids on my upcoming project?