The local market in Waynesville showed strong demand for updated homes, making this deal an attractive option for a profitable flip.

Any list you can pull for a few bucks has already been hammered by hordes of investors before you.Not saying this way can't work, but I recommend a different path...I prefer to focus on sellers who have a reason to sell but who require some effort and skill to identify.My favorites are #TiredLandlords, namely owners who have filed an eviction lawsuit against their non-paying tenants.Many of these folks are through being in the rental business and are open to hearing about a way out.Even better, #TiredLandlords are ideal candidates for seller financing, since they don't need the sale proceeds to buy another house, PLUS they are already conditioned to receiving monthly payments over a period of time.

I'm wondering if a 1.2x for MTR rates is doable and what general/average rental time period is.c.

Update!!!!!!

Sherrif sales after the Mers debacle show up bid and you have a redemption period then you have all sorts of other investors running around trying to buy redemption rights and then when they get them they sell them to the successful bidder who did not realize they could even be bought..

This is 2 days past the end of the grace period. 

I think it is refer to as the (inspection period) 1.

That’s over a 24 year period of owning rentals.

The key is to understand how to underwrite a syndication structured deal.GP/LP splits, acquisition fees, asset management fees, refi/sale periods..among many other things that vary when underwriting a syndication deal vs traditional purchase.Happy to share my model for underwriting these deals if you want to shoot me a DM.

@Jason Sung There is actually no statutory holding period.