Nothing wrong with this approach but what you want is a measurable, predictable number of potential deals flowing your way so I wouldn't recommend relying solely on the passive deal search.You may have access to information to help you prospect for these deals on your own.

A more holeistic approach is needed: long term wealth is mostly created by principal pay down and appreciation.

The biggest hurdle I see with arbitrage is developing a pitch to use when approaching landlords, which you can probably do with a little research on BP and ChatGPT.

It's best to approach 2-3 lenders to compare their rates, terms, and loan programs.

I am considering converting to a long term rental but thought that mid term might also be a good approach as well considering the home is fully furnished.

The approach involves using a hard money lender (HML) to fund 75% of the purchase price while having the seller carry back 25% in a second-position loan, allowing you to flip the property with little money down.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

An approach that we use is to provide value to the homeowner - especially to distressed homeowners.   

Our focus is on cutting-edge strategies and an action-oriented approach, ensuring you leave with a concrete game plan, not just outdated information and notes.What's New for 2025Event App: Easily manage sessions and scheduleTargeted Session Tracks: Personalized recommendations for your investing experience levelIncredible Keynote Speakers: Two of our Three keynote speakers have been announced. 🔥 Chris Voss"The Master Negotiator” & Author of Never Split the DifferenceLearn high-stakes FBI negotiation techniques for real estate deals 🏆 Dave MeyerHead of real estate investing at BiggerPockets14+ years of experience in real estate investingExpert in housing market analysis and investment strategyVenue: This year BPCON will be held at the legendary Caesars Palace in Las Vegas.

The best approach for you will depend on your specific financial situation, risk tolerance, and investment goals.I hope this helps!