Both offers are very similar with respect to interest rate and closing cost.

My primary focus is on fix and flip transactions, but I’m also open to buy and hold strategies as an alternative exit plan.From what I understand, an LLC can limit the liability of its shareholder (me) only if it is established in the same country where the property is located.

Most experienced inspectors will work with you or make it clear why they can't if you treat them with respect.

Establishing relationships with local real estate agents who specialize in investment properties can be incredibly beneficial.

I make all mine month to month and everyone seems to respect each other and keeping the common areas clean.

FHA has caught on to this trend & updated the guidelines to prevent people from abusing FHA financing.Here are the guidelines directly from the FHA Handbook:Policy Exceptions Eligibility RequirementsRelocation: A Borrower may be eligible to obtain another FHA insured Mortgage without being required to sell an existing Property covered by an FHA-insured Mortgage if the Borrower is: • relocating or has relocated for an employment related reason; and • establishing or has established a new Principal Residence in an area more than 100 miles from the Borrower’s current Principal Residence.

Praise the good attributes of the home but respectfully express your concern for the current condition and ask if there is some help you can offer.

But my favorites are MI and IN, because there is decent supply, they are reasonably easy to work in, and I already have good teams established there.

We used to have STRs in Fullerton before their ordinance was established.

I'd say first identify a strategy, choose a market that aligns with it and establish your Core 4 Real Estate Team.The main challenge I observed is that individuals often lack a clear end goal or strategy or they select a market that doesn't align with their chosen strategy.