Yes, I have first-hand experience with that (technically illegal) prejudice.

I would also try to get my hands on as many OMs to see what assets are trading for.Gino

I know of a handful that will do a rent by the room style loan, so we will see what happens in the next few months. 

You do not get the 75k rehab in your hand however. 

Hello,Curious to get opinions on effectiveness of using postcards vs. hand signed and addressed letters for marketing. 

Make sure you're comfortable with these and have appropriate insurance coverage.Ultimately, the "best" location depends on your specific goals, risk tolerance, and how hands-on you want to be.

Property is versatile posied pretty well for STR’s and long term hold I feel given the location.The investor group seems to be streamlining into new construction and flipping / selling from what I gather (lots of properties on market now and new construction projects in development, I think the selling agent mentioned they had 400+ SFH in portfolio currently they are trying to sell off and transition more so into new construction and large scale apartment complexes) and have own separate businesses in the HVAC / Roofing / flooring world etc.I think my take away here is that I need to get my hands on the previous inspection to see what came up and check it off.

I may need some hand holding to do first time without any issues

That, a few podcasts, a few select books, and a couple of subscriptions choke full of info material (less than 100$/month), maybe a couple mentorship programs (for less than 2K/year), and a lot of action on your part and you'll be a lot better than paying $$K for "gurus".To rephrase, do you have more money than you know what to do with or an urgent need to get it to work for you, together with a lot of time on your hands ready to take massive action?

In the handful of cases that I'm aware of, the lenders found out when changes were made to the insurance policies for the properties (the lenders will get notifications by letter of any changes to insurance policies where they have an interest).