That can take some time, a few phone calls, a site visit, etc but I find it can avoid problems down the road.Good luck,SteveThat's a great approach, Steve!

They way full doc programs work is they use this worksheet: https://content.enactmi.com/documents/calculators/Form1038.C...This approach will allow you to add back the paper loss of depreciation, and add back mortgage interest, property taxes, insurance and any HOA dues. 

It gave structure to my business on the acquisition side, and since then I have modified the sales approach to be more tailored to my preferences.We are transitioning from outbound marketing to inbound PPC and PPL.

Honestly there are several career paths that will help (Renovation contractor, real estate agent, corporate RE analyst)  but depending upon whether you are looking for a career investing/flipping versus using your W-2 career income to build more by flipping, you can approach it better in my opinion by learning through doing.Flipping especially 1 at a time isn't a full time job and my thought is that you get help on your first, maybe first few flips. 

I don’t know the condition of the property nor how to properly assess it considering my lack of experience – who would I approach due diligence?

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

The mindful approach to real estate investing, off-market acquisition strategies and dialogues, asset hunting, flipping on a small scale, negotiating🙌 What are you most looking to get out of BPCON 2024I was on a panel at BPCON23 with Devon, Leka, Anson, and Henry, but this year I am just in the crowd and always looking to make deeper connections, especially with all of the attendees who I have had on my podcast over 170 episodes🤝 Fill in the blank: If I could make a great connection with someone who is an expert in _________ at BPCON2024 then I would leave BPCON happyI am getting back into the STR game and have been investing in syndications over the past year, so both of those tracks are in focus for meSee you there! 

In summary: look for local, in-person meetups first, then branch out to a more "online community" approach for your Airbnb questions.Cheers

We’ll also explore other approaches.

It might be time-consuming, but the direct approach can yield surprising results, especially if homeowners are considering selling but haven’t taken the first step yet.Phone prospectingPhone prospecting is another proactive approach that requires resilience.