Even Zillow acknowledges their Zestimates can be off by as much as 10% (you can read more about this on their site).

The question for the BP community is: what should I look for when I visit the site?  

I tried using this sites "Find a Lender" form, but it stopped me from moving fwd once I didn't meet the 20% down criteria.Scenario: Bank Owned property at auctionSales price/offer/bid: $270kRehab: $85kARV: $500kAm I barking up the wrong tree going down this path?

Sorry to hear this.I would always say that "There is nothing wrong with any property as long as the price is right".Granted, some are not salvageable and the deal doesn't make sense even if the seller paid to me to take it lolOver the past 10 years I have witnessed many investors trying to do the same thing as you.Purchase from afar without buying turnkey and trying to do it themselves.This has been popular especially the last few years.Not many succeed unfortunately or they don't succeed in my eyes as they are into deals for much more than what they should be.There is a big trend going on where folks are made to "feel involved" with the purchase, rehab and property management process.The properties look great and off-course they do as rehabs cost $40,000 - $50,000.It doesn't sound like a lot of money for folks from CA and NY but for our local standards it is and IMO kills the cashflow and is unnecessary overcapitalization.Each to their own I guess.Just had a call the other week with a fellow from CA that bought a few turd properties from a local scam artist and is flying to town to try and rehab them himself.Another fella I managed to save even tho he lost his deposit of $1,000 as the seller (Another known scam artist) made him commit to the deal without allowing an inspection or even a walkthrough...If that isn't a red flag then I don't know what is 🤷‍♂️Hat's off to you for flying into to town to see the property for yourself.Wishing you much success

Set up Direct Booking site.7.

Maximize cashflow via STR (hoping to get 7-8% net)Second question, with these goals which would be the most attractive area for such an investment: Miami Beach, Miami Downtown, Brickell, Midtown.Thinking of getting 2 condos (1 bd or 1bd + den) ~$750-1M eachPayment structured are usually 30-40% until project is completeThank you find undervalued land and entitle it and capture the delta of underpriced land. there's a lot of sites that are underentitled.

Just google skiptrace and plenty of sites out there to research public info on people.

Found this site and ready to explore.

On the site I search on the new listings are first so it only takes me about 7 minutes to cruise through about 12 neighborhoods.

@Doug Spence check out https://symbium.com/ it's a good site that let's you see your lot's feasibility and connects you with ADU contractors.