I highly suggest you get involved in some of the local meetups.

Hi @Sudheer Kumar,Need a few more key details:Desired Loan Term: Are you looking for a short-term bridge loan or a longer-term mortgage for stability?

Quote from @Devin Peterson: Quote from @Hassan Tejan-Kella: Hello all I'm a 6 year investor mainly involved in long term rentals.

They bring more stability and less turnover than STRs, but the discounted rates and occasional deep clean can eat into profits.

Unless you come from a corporate job that is involved in this field, it is not a place I recommend to start.

This quotes is only to remediate the mold it does not involve fixing the drywall afterwards.We are trying to get more quotes but unfortunately we live in Stillwater, Ok ( a small town) so most of the professionals have to travel about an hr. to get to us.Attached is the $11K quote – it seems inflated to me.

No agent involved.

I’m planning to take my broker’s exam in the near future to expand my skill set and deepen my involvement in this space.I’d be thrilled to discuss the current state of the market, challenges, and opportunities, and to exchange ideas with others.

Thank you Joe, if it was just me, I wouldn't worry but I have 2 of our kids involved so I don't want to screw up for them and I don't want to screw the renters. 

I would add:Over-leverage: seeing people get owner finance and someone to toss them a total of 100% financing plus the costs of renovation sometimes crushes them even if they come in on budget and have the right ARV as they miscalculate the time it takes to sell as well as forget about all the other costs involved in a real estate transaction.