Sorry to hear this.I would always say that "There is nothing wrong with any property as long as the price is right".Granted, some are not salvageable and the deal doesn't make sense even if the seller paid to me to take it lolOver the past 10 years I have witnessed many investors trying to do the same thing as you.Purchase from afar without buying turnkey and trying to do it themselves.This has been popular especially the last few years.Not many succeed unfortunately or they don't succeed in my eyes as they are into deals for much more than what they should be.There is a big trend going on where folks are made to "feel involved" with the purchase, rehab and property management process.The properties look great and off-course they do as rehabs cost $40,000 - $50,000.It doesn't sound like a lot of money for folks from CA and NY but for our local standards it is and IMO kills the cashflow and is unnecessary overcapitalization.Each to their own I guess.Just had a call the other week with a fellow from CA that bought a few turd properties from a local scam artist and is flying to town to try and rehab them himself.Another fella I managed to save even tho he lost his deposit of $1,000 as the seller (Another known scam artist) made him commit to the deal without allowing an inspection or even a walkthrough...If that isn't a red flag then I don't know what is 🤷‍♂️Hat's off to you for flying into to town to see the property for yourself.Wishing you much success

Hi All,Any feedback on which platform is best and why?   

I am proud to have achieved Super host status on Airbnb for the past year and have received hundreds of positive reviews across various platforms and through word of mouth.Key highlights of my rental operation:Vetting Process: I ensure all clients are thoroughly vetted, maintaining a strict no-party policy to protect property integrity and community peace.Strong Relationships: I am respected by the Landlord Management Team, consistently ensuring both the clients and the management are satisfied.Operational Expertise: Leveraging my operational experience from my time in the United States Army, O&G Manager and as a seasoned operator in the Houston bar scene, I run a smooth and efficient rental operation.I am now looking to acquire additional properties in the Houston area to expand my rental portfolio.

If it was a primary residence, there are conventional low LTV's, and as a popular second home destination,10-15% down payments for a SFR is common for well qualified buyers.

Lake Lure is pretty popular in the summer & fall.

Look up average performance of those markets on platforms like Pricelabs and call around to find out expenses (there are also many market specific resources on FB and YT).

ThanksHi Brelyn -FTF will certainly work with new rehabbers (though keep in mind that this is crowdfunding, so the people who are making the final investment decisions are not FTF employees -- they are people who invest on the platform). 

During the pandemic years, it became increasingly popular to lease month to month which creates opportunity to increase rents rapidly on in place tenants.I'm buying a condo this month in which the tenant agreed to stay and signed a new lease raising his rent $250 per month. 

To locate tenants, contact real estate agents or property managers, or use internet platforms such as Zillow Rental Manager or Apartments.com.

Then plug that address into the platform/software you use to pull up additional comps for similar properties.Realtor.com and redfin have a ton of free data as well.