Most of our out of state investors in Pittsburgh find success depending on their expectations.

There are several companies that send letters and some are active on Bigger Pockets.However, I would caution you to set expectations appropriately.1.

The MSA will set the general terms for ongoing relationships with your subcontractors, like jobsite cleanliness expectations, payment terms (i.e.

With experience, expect 15-20% on 5+ unit properties. 

We are currently charging $1300/unit/month  and expecting to be charging the same this coming year.

Some/many lenders don't like a 2nd mortgage behind their first (like the skin in the game), however there are both bridge or permanent financing options out there allowing you to leverage anywhere from 90% CLTV - 100% CLTV, but don't expect good terms...

Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.

What are the costs for the value adds, the expected hold time, and the expected sale price? 

Otherwise, you'll have to go for a hard money lender and expect 12%+.

It takes longer than expected when doing most of the renovation yourself.