But you have to be very creative and understand that if you're seeing deals from industry professionals (rather than sourcing them yourself), there's probably not enough meat left on the bone for a good opportunity to create value.Good luck!

Your construction background and being local to Columbus are huge advantages—they’ll definitely give you an edge in finding properties and keeping rehab costs down compared to others.I’d suggest exploring parts of the city you’re less familiar with.

Because fact is this industry you ARE in is VOLATILE.

This can easily happen when the person valuing the property does not account for differences in the subject property and those chosen as comparables.   

The downside is that my profits are severely restricted compared to outside syndications. 

     * House is a 2699 sq/ft Single Family Residence| 3 beds, 3 bathroom | Built in 1956 | NO HOA     * There is a chance I could pay only interests so I can start saving some cash for the incoming maintenance and annual payment equivalent to the 12 monthly payments (~$5,029.77 per year during the balloon period)The advantages I can identify in this deal for me are:* Lower interest compared with traditional loans* Lower down payment compared with the ones compared for traditional loans* House is technically ready to be rented (waiting for the inspection) * Forecast - 3 yr growth (appreciation) is expected to be 8.1 % (Bigger Pockets)The disadvantages I can identify: * I am still vulnerable to foreclosure if sellers don't make mortgage payments to the bank.* Refinancing issues at the end of the Balloon Payment?

I’m eager to learn and connect with others in the industry.

A HYSA is a type of savings account that offers higher interest compared to traditional savings accounts!

If they do not qualify because of poor credit or income issues compared to being self employed etc there are differences - but typically people don’t qualify due to poor credit and people will seller finance to these borrowers thinking they woke up at a holiday inn and got a finance degree when in reality they repeat their past mistakesRemember the definition of insanity is doing the same thing over and over again expecting a different result

Condos will be your best option when compared to co-ops because only about 15% of co-ops allow subletting.