I've discovered that most private lenders prefer borrowers with some experience, which I'm working on building now.My main focus is on my exit strategy.

From what we have been able to discover is that they have taken the money from the renters and have not paid cleaners.  

We discovered the Reginia St deal through our network and partnership with Carlton, who brought the opportunity directly to us.

We discovered the Reginia St deal through our network and partnership with Carlton, who brought the opportunity directly to us.

We discovered the Ave F deal through our partner, Rodney Lomax, who identified the opportunity in Bay City, TX.

We discovered the Bristol St deal through our partner, Preston Moore, who identified the opportunity in Scottsboro, AL.

At Partner Driven, we discovered the Water St, Joliet, IL deal through our extensive network and collaboration with Crystal Smith and Eugene.

Quote from @Peter Tverdov: DeathTaxesDIY Landlords on BP complaining about the costs of property management  It's not a complaint..it is an essential component of STR ROI and feasibility analysis.

Here are the key considerations:Pros:Potential for Profit - Through the value add component you can increase profitability on your return, typically you're buying distressed homes with built in equity, rehabbing and increasing your equitable position furthermore. 

But it is clear that this option is not ideal for flipping, especially since material choices are limited, which we discovered early-on on in the process.