Just sent you a DM/Connection Request about both of these. 

I personally have no connections with anyone who is involved in this niche and I'm wondering how other people have started their journey.

@Lincoln Waite are you comparing market rents correctly?

Hopefully, this is a useful example of what’s achievable with out-of-state investing, even with no local connections. 

Hello IKE sent you a connection request, I can introduce you to some great ones.

Thank you, and sounds great, I'll send you a request, and happy to connect with you. 

And of course being in a first position loan is ( everything being equal) the safest position if the collateral has been valued correctly..

The only correct advice is, "Go talk to a professional."

Proper research, budgeting, and a well-thought-out strategy are key to minimizing risks and maximizing returns.In the end, BRRRR is an active investment strategy that, when executed correctly, can lead to long-term wealth creation, a steady stream of rental income, and a scalable real estate portfolio.

Asking in the correct forum will get a better response.Read the RULES!