You're not looking for a friend but if you are a quiet person that rarely has visitors, look for someone like that.

@Jad BoudiabHey Jad, we worked together trying to find suitable deals early on in the process.You’re a great professional.I think we shouldn’t miss the point of the post, which is that Cleveland (as a sort of poster child for the cheaper MidWest markets) is fraught with dangers for out of state investors who surely do not have the sort of ground knowledge locals have-nor can they get that knowledge by simply flying in and driving around with a broker for a few days...as Jay mentioned.For me, it’s pretty obvious to any neutral reader of this thread that all the counter posts to my original post have been by people BASED IN CLEVELAND or who run a real estate related business in Cleveland.That’s not a coincidence.And it’s enough proof for me that my post touched a nerve with those who have stakes in the market.That’s understandable.But it’s the investor who risks capital.Not the stakeholders who stand to profit with their business, be they brokers, contractors or developers.

This is the reason you will hear that owning a rental property is not suitable for setting up a Solo 401k and that is generally true.

@Michael Greenberg, Sonoma has become so known for being a travel/tourist destination, they started limiting the option to have an air BNB due to multiple complaints from the local homeowners and residents about the amounts of traffic and other areas that had been severely impacted by all the visitors.

I'm guessing this is why I've heard that getting a "deal" that's already on the MLS isn't the smartest way to finding a suitable deal regarding wholesale.

Costs will be higher initially, but this approach can save you a lot of fees over the life of the plan, and can be much more suitable for time sensitive or transactionally intense investment portfolios.Speak with more than one company of each type and you will learn who really knows what they are doing and provides good service.Best of luck as you learn about this exciting opportunity!

As for terms such as "bachelor pad", "not suitable for children", "perfect for older couple" etc. while usually harmlessly intended, are pretty obviously not kosher with fair housing laws.

Was the home you purchased suitable and how do you find the market in Vic?

Unless I can connect with private money lenders who are willing to write a note with reasonable terms, I'm going to have to wait for my agent work to produce income suitable for banks to begin funding again.

Future notices must be done by someone of legal age not associated with the action); 2) leaving a copy with a person of suitable age and discretion and sending a copy through the mail addressed to the resident; or 3) affixing a copy of the notice in a conspicuous place on the premises and sending a copy through the mail addressed to the resident.