Unfortunately experience means you've made some costly mistakes :-) So, to avoid those costly mistakes, when I take on a new approach in investing, I buddy up with someone that already has experience doing them.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Are there any creative ways you’d recommend for me to identify and approach motivated sellers or uncover foreclosures?

The property will be strictly for investment purposes, not a primary residence.I’ve been looking into two potential financing options:Hard Money Lenders (HML) – I’m drawn to this option for its speed in closing, but I know the rates can be higher.DSCR Loans – This seems like a great option for long-term rentals, but I’m unsure if it’s the right fit for my auction property since it might need some rehabbing.I’m also considering purchasing through a land trust or an LLC to add a layer of protection and privacy.So, my questions are:What’s the best way to approach financing for auction properties?

Hi to everyone,I would like to ask that ,my banks in my country (Greece) are unable to provide refinance options for the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), what alternative realistic strategies can I consider for implementing this investment approach?

Start to evaluate deals based on the income approach and you'll do much better long term investing. 

Research the options available, compare their benefits and risks, and decide which approach aligns best with your goals and preferences.House hacking is a great start.

Focusing on A-B areas and taking a hands-on approach definitely helps with maximizing cash flow and equity.

I imagine it can be tricky without face-to-face interaction, but it sounds like you’ve got a solid approach.

Once you know the "basics', you can then invest OOS more successfully.If you can't afford to invest in your home area, how will you grow your knowledge of an OOS if you take a shotgun approach to where you buy?