Wondering what the process looks like for getting a conventional loan for an out-of-state deal.

I purchased a rental unit and did some private funding in 2016, and I will probably expand this business by doing more deals.

A good deal is different to everyone.

cost of doing the deal. 

Get familiar with price points in your market and what looks like a good deal. 

I've been buying and renting here since 2009, the deals are hard to find these days but definitely out there!

Lastly, the price point is still very cheap here in the sense that you can still find investment deals that hit the 1% rule for 120-180k!

Quote from @Joseph Alfie: Hi everyone,a deal came across my desk.

What makes it a "deal"? 

Many carriers are including exclusions for GC commercial general liability coverage and professional liability coverage for engagements involving condos and even stricter exclusions when dealing with conversions.