It’s not just about making the space look great—it’s about making it functional and thoughtful for how your guests will actually use it.For example, one of my properties is located near a nature park where my guests often go hiking, biking, canoeing, and sailing.

The type of the neighborhoods where his properties were located didn't fit in with my plan but he did well and the purchase costs were low.

We found an opportunity to purchase a huge SFR with two kitchens located next to a commercial zone which was previously used as a sober living facility.

The defendants researched and located properties that were in the pre-foreclosure short sale process more:https://www.justice.gov/usao-edtx/pr/self-proclaimed-short-s...18 U.S.C. § 1344 – Bank Fraud18 U.S.C.

Experiences will vary significantly based upon location.

What strategies do you recommend for securing hard money loans for spec builds?

I always keep a lockbox at my locations for this purpose.

HUD 4000.1 (I believe) is the latest HUD handbook and it goes over all requirements for originating the loan, including but not limited to occupancy requirements and exemptions.FHA occupancy : "At least one Borrower must occupy the Property within 60 Days of signing the security instrument and intend to continue occupancy for at least one year."

( im in Wisconsin ) Hi Sabian,I'm located in Wisconsin as well.

So, make sure YOU understand the copy & paste info below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?