How hard will it be to bet appropriate permits for the alterations (2 rooms and bathroom). 

Established developers with a history of successful projects are generally safer bets. 

Find a trustworthy agent, contractor, lender, and property manager to start out. 

Sure, there are going to be people who fail but if you truly try and make your best effort and do your own due diligence by evaluating these properties, inspection, ARV, etc. and really learning the strategy of both BRRR and turnkey fix and flip, it will work.You need to build a strong and trustworthy team on the ground.People nowadays quit the second something gets hard.

Sure, there are going to be people who fail but if you truly try and make your best effort and do your own due diligence by evaluating these properties, inspection, ARV, etc. and really learning the strategy of both BRRR and turnkey fix and flip, it will work.You need to build a strong and trustworthy team on the ground.People nowadays quit the second something gets hard.

Right now I would imagine you're best bet is a small balance Freddie or fannie loans depending on loan size and location.

So in a way, I feel we have stood the test of time and that in itself would prove our trustworthiness per se.

No current liens but these properties have tax deeds, not warranty deeds if that matters.That as-is value is going to make obtaining financing more difficult for sure.Financing options drop off pretty steeply below a certain dollar amount because foreclosure costs for lenders can be significant.Your best bet may be to connect with some local private lenders (local investor meetups/referrals are a good starting point for this) or local banks.

I'll bet it's one of TWO thoughts:😮 There's something WRONG with the car!

You best is bet is usually to match existing.