While I’d love to invest locally, most properties here are beyond my price range.Right now, I’m compiling a list of potential properties, underwriting deals, and reaching out to Realtors.

I know if it were in the US I would explore a seller financed deal where we write a 15 year note for the property so that we essentially pay our cousins in monthly installments and take over control of the property.

With your renovation background, you're well-positioned to excel in house flipping.

@Richard Schubert If the house next door is a solid enough deal you could always raise the money from people in your network to tie it up.

Sorry you’re dealing with this.

what type of underwriting did you do on this deal?

There is a lot of work involved more than most people think in most real estate deals,

Get in front of them buy getting the records yourself/paying someone else to do it and you greatly enhanced your ability find and close deals.

many of the investors that I work with have found these deals beat anything else they find on the market.Best of luck in NC, and let me know if you want more info. 

To maximize your investment, use financing options like FHA or conventional loans, analyze deals based on cash flow and cap rates, and network with local investors through REI meetups and BiggerPockets.Good luck!