When Helene/Milton hit we had local displacements and I suspended any rising rates (rising naturally due to spike to demand). 

I was able to join the local Facebook pages for investors that are local to my area. 

I'm local to Richmond, and work downtown, would love to connect.

Check with your broker and make sure this fits with your local laws.

@Ritu MahajanBuild a solid local team, including contractors, property managers, and lenders experienced with BRRRR.

If local sales support the new value then you should not have to deal with the seasoning requirement.

I’d suggest starting with local credit unions or community banks—they’re often more flexible with investment properties.

For instance, Berea is a charming college town, but the combination of local taxes and less favorable price-to-rent ratios makes it less appealing for investment compared to other areas in the state.

Depreciation begins once the property is rented.It’s essential to consult with a real estate attorney to ensure compliance with local laws and to handle legal complexities.

When you put in the settings for state and local tax it should be clear what is collected and what needs to be remitted to each authority.