Start to evaluate deals based on the income approach and you'll do much better long term investing. 

I’m curious if you’ve had experience with this approach, and if so, I’d appreciate any insights you might be able to share.Additionally, do you have a real estate agent you would recommend who specializes in investment properties in the area?

Is this a good approach?

This straightforward process allows you to verify encumbrances before considering a property investment.Alternatively, engaging a title company can offer a more comprehensive approach to uncovering liens.

I would keep detailed records of my deals to include photos that I could use later when I am approaching a potential funding partner.

A HELOC felt like the right approach, but I'm learning it's pretty impossible to find a lender for my situation.

I’m considering countering with a price closer to the market value, but I’m curious how others approach deals like this.Looking forward to hearing your thoughts!

@Melanie AlzugrayInvesting in a resort you and your family enjoy is a fantastic approach.

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.

RW's fee structure is interesting because it's a "look over HERE, not over THERE" approach.