Remington, I own properties in Athens and while the data/statistics/analytics might look great - there are many challenges with actual operations. 

Specifically, I’m drawn to distressed properties, such as pre-foreclosures and foreclosures, because of their potential for strong returns and lower acquisition costs which I feel is a great combination for a new investor with my budget.That said, entering the U.S. market as a Canadian comes with its own set of challenges, and I want to make sure I’m approaching this the right way.

Challenges?

Challenges?

A good broker remains transparent throughout the process, providing regular updates on loan applications, lender responses, and any emerging challenges.

My challenge is that the equity is siloed in a high number of properties which complicates our ability to draw against it and leverage that for operational and investment purposes.Do you all know of banks willing to work with investors and able to underwrite at the portfolio level, rather than having to apply for and open HELOCs on a per-property basis?

It's like you're building a money-making machine with PadSplit, but the fine print in the financing realm can throw in a curveball.Have you run into any specific challenges or surprises when it comes to financing after making these renovations?

It's challenging to distinguish between genuine advice and potential scams in the vast sea of information available online.

An 800 credit score it achievable as I have had one for years but I will say maintaining it while doing real estate has been a challenge only because when taking out mortgages they show up as hard inquires which impacts your score.Number one thing is to not miss or be late on any payments. 

If I were to go this route I would clearly identify each of these risks individually, understand how the Govt would potentially challenge each of them and then assess in your particular fact pattern how you would effectively rebut a challenge to each.