Purchase price: $80,000 Cash invested: $150,000 Hoarder house sourced through a wholesaler with plans to renovate and turn into a short term rental What made you interested in investing in this type of deal?

You want to be as long term focused as possible while maintaining a stable source of cash to burn every month for life expenses 

Quote from @Jayant Reddy: Mold requires a source of water.

For me the value came from 2 sources: 1.

The majority of data is open source and we can get it by simply looking at Zillow, county websites or heaven forbid taking a trip down to the county clerk’s office and actually pulling the documents.

@Mirlyne AndreRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I would definitely connect with a good agent that sources a ton of off-market deals and has the right systems to help you understand the market. 

What platform did you all use to source the tenants?

But, for me at the moment, it's building a good team around me to help advise on next steps from sourcing to financing and closing.

Relationships are everything in this business.Our current land development pipeline now comes from relationships with a local landowners.How are others sourcing deals?