From there we identify properties that could have some potential and if you are interesting in diving deeper, 1) we do a thorough video walkthrough to give you a realistic look of the property, 2) we give a ballpark estimate of rehab costs (we do 40 a year with our GCs o we will get pretty close), 3) we talk through market rent with our property management team, ARV, and potential highest and best use.Ideally you find great investor agents who know their market really well and have a network of resources to provide you with enough confidence to take reasonable action. 

Building confidence, a plan, and understanding your risk tolerance are all keys to success. 

I don’t go above our dti because I don’t want the risk.

It is a matter of evaluating the risk/return on this opportunity vs others out there.

It can come from a personal investor who will negotiate terms, or potentially a piece of the equity.

Quote from @Scott Bloom: You can get a commercial grade policy from major carriers where they lump the risk across multiple properties into one policy, reducing your premiums.  

., Investing for "what if" is fraught with risk. 

I definitely wanna invest near the coast bc its so much potential but how do u comp and run offers for properties out there tho, do u do Airbnb at all? 

Quote from @William Fuller: When deciding to potentially acquire a piece of land that a wholesaler has under contract, what information do you need about the land or parcel?

We knew it was a risk and would be wasted money if the sale did not close.