I understand Vermont has slightly more stringent regulations to contend with but it would also be closer for us geographically and thus potentially easier to manage.

I'll also check with the city on any potential liens, I think any inspection would have to be done after my $15k deposit so it would be a high risk, high potential reward type deal, and there is a 15+ bids already.

So, it would then potentially cost you a penalty for early withdrawl and also income tax owed on it.

Now that you have the correct terminology, you can search for lots of potential solutions. 

.- Damage Risk: As with any tenant, there’s potential for property damage.

If that doesn’t work, requesting a second appraisal is a calculated risk, but the potential upside might justify the $1,000 gamble.

Done multifamily, SFR, STRs... and finally found the niche that I love the most and believe has the most potential for decades to come.

They don't want the company to be potentially liable if an owner doesn't follow through with the inspections and repairs.After the GFC, we needed the capital investment or they would have had to tear down more houses than the thousands that they already have.

@Jordan Kaylor, financing aside, how are you going about sourcing potential deals?

Hi Jonathan,Jay’s Fencing (209-847-3992), Elite Iron Fencing (209-968-6685), and Fletcher Fencing (209-662-8298) are solid options to get bids from and compare.I also offer consulting services to help clients navigate projects like this—whether it’s evaluating bids, ensuring the scope of work is clear, or helping you avoid potential issues during the process.