@Santiago Coppoletta I second the buy in an area you have a connection to.  I

It's a rare circumstance where I prefer to I prefer to inherit a tenant with the property, almost always prefer vacant. 

I know my way around the documents and the transaction.I use an agent because I must in some cases, but I would use one even if I didn't have to. I

@Riana Medford Ok, subject to is a relatively advanced strategy.

You can do the 30 year mortgage, the only thing that I think Phil was alluding to is your borrowing power. 

I don’t invest in MD or VA and don’t really have a desire to. I

I will angle the conversation as “I need to monitor the work to make sure I know any building issues that arise and so I’m on the same page with you about where we are up to”.Is there anything I’m missing, like I’d be in breach of some labour law etc.

no mention of 75% LTV. what i’m not looking forward to is another 30 days of explaining my finances and rentals to the under writer. my previous loan was great. bar rate 4.65% $1700 all in fees. small loan amount. but wondering if i could have done this a lot earlier?!?

@Jonathan Greene  The price range that was initially mentioned, but not agreed to, I estimated to be around 65%-70% of the ARV based on nearby homes that have recently sold with similar metrics.

Sub-to is where a seller has an existing loan on a house.