Its great that you have saved some money and have a desire but investing involves a risk of loss.

I am on the lending side of things so feel free to reach out if you ever want to talk shop and finance options that are out there. 

: Work with an experienced contractor who has done a lot of work similar to the work you're looking to do on that specific project.💡 Noticing any shifts in buyer demand that affect your strategy?

One of the reasons I chose ReSimpli was to also send out postcards.

Have you reached out to lenders like BackFlip, Bridgewater Capital, or Kiavi yet?

Before sourcing the loan I would  speak with a contractor on getting a complete scope of work done and pricing.

There are way better people to talk to that are based out of here and know the market like the back of their hand. 

This is unfortunately part of the game that we play.

I've done a number of seller financed deals as a buyer. 

Additionally, the preREO strategy of having a receiver appointed to repair and rent properties during the foreclosure process is best suited for local investors, not out-of-state investors (or hedge funds, for that matter).