There are inconveniences to investing out of state like traveling to see properties, meeting with contractors, checking work, checking the property condition.

Many contractors don’t have the cash laying around to put out upfront so they look for these types of seller finance.

The key here is finding the right market and building a strong team—especially for things like contractors.

Hi AllI have• 102-Unit Multifamily Redevelopment Opportunity Just East of Downtown Phoenix• Plans Are Approved & Project Can Be Delivered“Shovel Ready” to Allow for a Turn-Key Redevelopment ProjectOffering Price: $4,750,0002.08 Acres | 90,605 LSF$133.08/SFTotal Planned Units: 102Year Built: 1953Does anyone have interest ?

After securing a deal, your focus will shift to closing, finding tenants, and setting up efficient management.If you haven’t already, building relationships with local agents, contractors, and property managers in PA can save you a lot of time and hassle

I'm a licenced Broker and I also handle project management for flippers, contractors, etc.FEMA 50% Rule: ALL of the homes that exist in a Flood Zone have a 50% limit on work that can be done to repair them without bringing them into compliance with current flood standards.

I like to be able to decide how I want to fix things and not a contractor that I have to hire becuase the warranty company says I do. 

I hadn't really considered buying houses that need a lot of work because I have no experience with hiring contractors for large projects, but that might be the only way to get a cash flowing property here right now.

I mean let's be real, about 80% of the complaints investors on BP have about their property manager, contractor, turnkey co, Realtor etc.... are just nonsense.

Also, always vet contractors, even with referrals.