Closing on 120 townhomes in FL within the next 2-3 weeks (freddie mac moved our dates around), and have LOI's out on another 190 units currently in GA & FL.  I

@Dallas Hoover  Congratulations. 

And it doesn't even talk about what happens at the end because I guess they all just assumed we'd accidentally fly our cars into the sun in 99 years. 🫠  but there has been some legislation passed that prevents them from going more than 50 year leases.

I would recommend flying out there, getting to know the area on a detailed level  and talking to local investors (someone not trying to sell you anything).

Have a plan in place up front rather than trying to figure things out on the fly as much as possible.

If there are multiple offers waiving that would help but most homes on the market are not flying off the shelves.

Like I brokered a 22  lot development of duplex's for a builder and just charged him 30k flat fee per sale.. they sold for 225k each back in 05 when I did this and I sold them all in one weekend at a big event i paid for in San Jose CA.. all to CA investors it was my fly and buy program I did in those days..

Also I am thinking now that these are small rural counties with population in the entire county probably no more than 50k or so.. at least with most of those folks living in the city of Oroville which is right on the border with British Columbia In my flying days I would go into Oroville to get through US customs compared to going into one of the airports Airports north of Seattle .

He flies out and sees the house himself. 

I was lucky enough to find a property just a few blocks from my TK purchase that was in excellent condition, fully tenanted with two units, passed the inspection with flying colors and is grossing close to the 2% rule.