Appreciate it, I will look that direction 

Any tips on avoiding unexpected costs or delays during rehab?

When we did it, we did score some great deals, but what we found was that we were visiting so many properties to understand our "strike price" (the maximimum we would pay for the property when taking into account rehab costs, hold times, interest on any debt, closing costs, real estate commissions, a contingency reserve for "unexpecteds", etc) that the math started to not make as much sense.

The risk is too great.Overall, I recommend revising your lease to include less arbitrary language to set clearer expectations and make it more enforceable in court.Feel free to reach out directly with any questions. 

Hey @Felicia Richardson - I can not speak directly to Atlanta, but we do a ton of Fannie May Homestyle renovation loans up here in Chicago. 

I’m Daniel Vargas, and I'm well experienced in Real Estate wholesaling, While I can’t promote my company directly, I’m looking to connect with cash buyers in the South Florida markets such as Palm Beach, Miami, and Broward, I’d love to hear from anyone who has successfully built relationships with investors there.• What strategies or platforms have you found most effective for connecting with them?

Maybe your situation is different and if you don’t feel comfortable in the neighborhood then this may be a moot point anyway.As for FHA, my understanding is that you must intend to live in the house for a year  it sounds like you did intend to, but due to unexpected circumstances- lead exposure and unexpected unsafe neighborhood- you have to move.

Having cash reserves gave me the confidence to move quickly on a great deal without losing sleep over unexpected expenses.

The second home loan guidelines directly state "The Borrower must keep the property available primarily (i.e., more than half of the calendar year) for the Borrower’s personal use and enjoyment"This means that you can only book it out on STR platforms for half of the year (50% max occupancy), which really sets a cap on your max income. 

Marketing directs potential home buyers to their websites.