Sadly it is always overvalued for the locals as well.For context: the same comparable duplex a client purchased for $750k last february 2023 in Lil Havana is now asking $925k.

As for finding a contractor, asking local investors for recommendations is a great start.

It seems you and your husband have the ability to make a property more desirable and I would try to stay local for the same reasons you listed. 

As a beginner investor based in the Seattle metro area, I'm eager to learn from your experiences and share my journey as I get started in this field.My current strategy is to focus on live-and-flip for the first three deals (looking for my second deal) to gain hands-on experience while building equity and learning the ins and outs of renovation and the local market. 

I’ve built strong relationships with local agents and other investors in the Hamptons, which helped me discover this off-market property.

It forced me to reach out to developers, to engineers dozens of local builders and most important like minded individuals.

@Kayla Elliott  Hi Kayla - this was a commercial mortgage loan with a local bank, that held it "in house" after it was issued. 

Call every local investor agenda (look at the agents that have investment property listings and call them) and call every local landlord that owns multiple properties (you can get lists off of Deal Machine).

Let me know if you'd like to set up a meeting since we are local.

Can be local or not...