That means an 800K purchase and a 200K rehab (1 million invested) can result in a 400K tax credit that results in 360K CASH back in the pocket of the investor.  

Look up owners' info and reach out to them directly to find a deal.

If you want more details, feel free to reach out.

Up to the investor to decide what it is that they want to pay for.

Meetup.com is a good resource for those but some of the groups will also post here on Bigger Pockets Marketplace too.

You really don't need that LLC until you pay off the property and it's questionable if you need it then as long as you maintain your property and have correct insurance.Yes to wind insurance, not sure about hurricane.I use Foremost STR policy for one property.I am about to switch to USAA (retired Navy) for another because they quoted a policy that was 3k lower than what we have.

Glad to have you as a part of this awesome community, Simon! 

I pay water ($130) and pest control.

@Kwanza P. 780+ pretty much gets you all the same rate regardless of being in the low to mid 800s. 

Purchase price: $380,000 Cash invested: $135,000 Annual rental to be turned into STR when tenant vacates What made you interested in investing in this type of deal?