So do any of you have any experience with something like this?

I admit having some trouble searching for team members in the forum so hopefully BP guidelines will allow user referrals or intros.

I would not get advice on this from people here also realize a LLC in California has some really hefty fees per year so something to consider 

I originally had the thought and opportunity to do so in Reno/Sparks in 2015 but didn't move on it.

The loan is under my name, so the bank will send me - and the IRS!

S so I already have a hard money lender that accepts sellers financing deals however they would like to be first position.

I like your suggestion of targeting a property with existing tenants and minimal work needed so I can ease into the process while building my network of contractors. 

Hello community, First of all, I'm so jealous of you having an amazing community like this, we don't have that in Denmark, which is where I'm from. 

On the flip side, some challenges include rising material costs, contractor delays, and unexpected permitting hurdles—so having a solid plan and reliable team is key.Would love to hear more about your strategy!

So while some opportunities show good potential always take into consideration the downside possibilities.