I look at foreclosures.comOut of the 3 stages I am definitely not ready for an auctionpreclosure / short sales:- I need to research how to take over a deed / title- need to prepare how to do door knocking (I have a sales background and feel confident in dealing with an emotional conversation about someone’s home) - there IS a window of like 4 weeks that I need to prepare for (have my finances in order) to then bid before it goes to auction?

The VA loan with the BRRRR strategy sounds like a solid path, especially for building equity without leaving your area.

It sounds like you’re bringing a wealth of experience from the commercial real estate world, which will undoubtedly serve you well as you expand your residential portfolio.

Hi @Matthew Cook,This sounds like an interesting opportunity. 

It sounds like that you have been getting ready for awhile.

Hey Jason, All sounds great, This area sounds promising for my next investment property.

Appreciate you taking the time to outline these thoughts.I have not spoken to local lenders or contractors yet, as I'm still in the preliminary stages of evaluating the opportunity from a numbers perspective. 

Hi Kris, welcome to the Indiana market 🎉Your plan sounds very realistic, especially with the flexibility to pay cash.

At the higher PV, you have $5k more in PV and equity).Your CF is around $20k/year, which sounds great, except when you introduce the equity into the discussion. 

Sounds like you have a badass mindset and exactly what you need to succeed!