His goal is to diversity his money as he's been very successful in another business.

I began the renovation process by enlisting the help of a relative and some of his friends to gut the interior.

Their strategy focused on targeting traveling nurses, a niche market with reliable demand.As for repeating the process in the same city, it's doable but requires careful planning.

Hello Anique,We still have it up for sale while I go through the rentredi processes I will turn it into a rental while the land lease gets worked out.

That said, we understand that insurance details can sometimes be complex or overlooked during the decision-making process.

If you're expecting property owners to sell their home to you at a discount, you'll need to earn their trust - whether that be by demonstrating a successful track record with purchasing/selling similar deals OR by meeting them face to face and separating yourself from the dozens of local investors and realtors.Lastly, I'd recommend searching past posts related to this topic as well as checking out books related to your target investment strategies.All the best!

Quote from @Andres Lasaga: I am in the process of selling a property to the tenant I have been renting the house for 4 years.I want to outsource the promissory note collections and reportsIt would be only ONE property, for now, any recommendation of a company that can manage the collections and reporting?

Either way if the balance is 140k, without going through the short sale process (which will take a few months) no one can assure you of any approved sale price.

You should follow all the same processes you would with a LTR, including the lease.

Quote from @David Martoyan: Has anyone here successfully adjusted their strategy to focus on finding deals that don’t follow the traditional ARV formula?