Quote from @DeBret McGee II: Quote from @Alex Craig: When I got started it was finding older, experienced investors.

I joined BiggerPockets to connect with like-minded individuals, learn from experienced members, and contribute to discussions where I can add value.

I tell folks all the time if you cannot get someone experienced (Fannie/Freddie for example)  to give you money  to buy the condo you do not want to buy it. 

I’m eager to connect with individuals who are experienced in real estate investing so I can grow and develop on this new path.

I'm interested in learning a bit more about typical vacancy percentages, size of the local population being serviced, reasonable percentage of effective gross income for expenses, etc. as well Peter.Hopefully some experienced member(s) will sound off!

This "analysis paralysis" can prevent them from acting on opportunities out of fear of making the wrong decision.I’ve experienced this journey myself.

I know a lot of builders up there, but not very experienced with the flipping model.

A solid exit plan reduces the risk of default.Check Their Liquidity: Even experienced borrowers can run into trouble if they don’t have reserves to cover unexpected costs.

It seems if you are far away from this property then it might be a good idea to consider hiring the services of an experienced property manager who really could provide ongoing communication during the whole stay.  

Some experienced developers can handle these steps  if they have the time and know what to look for.