I was hoping someone with some experience would be able to answer a few questions I have, such as: What kind of deal finding strategies are most efficient in areas like these?

They do seem like things I need a little more seasoning on in terms of education.

You would have to learn a lot about the sponsor to see/or know exactly what they are doing.

Do you consider worst case scenario and base your potential offer based on this? 

Looking to hear some expert takes on this scenario.TC Hey TC, for clarification, is the buyer requesting seller concession of 2% at full ask for closing? 

Start connecting with local investors or attend meetups. it’s one of the best ways to learn and get insight.

Things that AI won’t know:Market rent as isMarket rent renovatedCost to renovateSpeed at which renovations can occurLease up rate once renovatedInvestors learn all of this by doing work in their market.

It take more than 115k for a full gut reno on 1000sqft in philly. lol

The information contained in this post is not to be relied upon.

I've got about $525K in equity in the property, but lenders have told me that I cannot get a HELOC to access that equity for additional purchases because the duplex was financed as an investment - they have said TX law dictates that HELOC can only be used on primary residences.