However, the good news is some lenders are open to working with first-time flippers, especially if the deal looks solid.

A solid 20 years of work on the construction side. 

You are disputing a condo agreement we do not have and we know nothing of your paint and vent beyond what you say.Regarding amending the lease, it can be a simple document you and your tenant sign stating that you are amending the term of the lease to be 2 years, and the tenant has an option to terminate the lease at 1 year.Regarding the bathroom, if it has a tub or shower and no other ventilation, I would go with the vent fan as the root cause.

In addition to the solid list from Joshua, Typically LLC costs.

To minimize risk and build a solid foundation, I'd suggest starting with a single-family home or a 2-4 unit turnkey property.

Get detailed quotes on these to ensure it’s cost-effective.Zoning & Permits: Verify that your current property allows additional homes and meets zoning requirements for multiple units.Rental Demand & ROI: Assess demand for singlewide rentals in your area to confirm it’ll be profitable after all expenses.If everything checks out, these could be solid additions to your portfolio.

If you aren't close to the property having a solid “what if” emergency person helps.

We learned that some properties simply require strong market insights and timing rather than major renovations to achieve a solid profit.

If you buy in at a good cost basis with solid fundamentals, you're going to come out ahead in the long term.

@William VreelandKnoxville Pros: With family nearby in Nashville, you may have a solid support system in Tennessee, which could make managing properties easier, especially if you're new to the market.