I look for liens that will be removed or that may stay, ownership history, platting, zoning, exit strategies, cost & profit analyses, and above all else; I physically look over the property.

What Are there creative strategies investors are using to offset those negative cash flows? 

Yeah @Kent Fang ching, you detailed a couple of the strategy actions we are doing for clients right now in MN. 

These additions are a practical way to maximize returns without acquiring new properties.Vacation Rentals: An oversupply has shifted many owners from short-term to long-term rental strategies.

Cash flow is harder now so your market strategy is right on.

Figure out your strategy and what works best for your project.cheers! 

We're particularly interested in finding off-market properties that could use some TLC to bring them up to their full potential.Does anyone have tips on the best strategies for finding these hidden gems?

Each exit strategy offers numerous advantages on both sides. 

Use this as a learning experience to refine your investment strategy and prevent similar issues in the future.This post does not create a CPA-Client relationship.

What strategies or precautions can I take to protect myself and ensure I maximize the value of these deals?