If you can find an angle that isn't easily recognizable, you can find a diamond that is covered in dirt. 

Diamonds hands to the moon.

It could be a diamond in the rough and a buy and hold situation.  5. 

I'm looking in the AVL diamond market. 

There will definitely be diamonds in the rough in this market.

Account ClosedProbably not quite enough information to give you the best advice… knowing what I do though, I would probably sit tight for the moment and wait out the high rates unless a diamond in the rough comes along that forces your hand.  

Purchase price: $260,000 Cash invested: $285,000 Short term vacation rental near Lake Tahoe. 3 bed/2 bath condo near the lake and diamond peak ski resort.

Try Black Diamond Real Estate on FB - they will have better and hyper local recommendation for contractors for you. 

Granted, if you have diamond hands and can hold for decades, you'll make a fortune, it's just having to kick 8k each month to hold multiple properties that's the problem. 

The challenge is finding a realtor to work with that understands what you are looking for and is proactive in finding that diamond in the rough for me (you).Although I always like to buy at a discount I am more concerned about how the property cash flows, not to say that i'm not looking for discounted properties but my number one goal is good long term cash flow.There are a number of great episodes on the BP podcast that interview multi-family investors, I recommed checking out the BP podcast if you have not already done so.Cheers,Rob