Hi Joe,I think going with a LOC is going to provide you with more flexibility than going through the process of obtaining financing for a purchase transaction.

There are successful real estate investors in your local market too. 

You just need to know the process

Great job on the due diligence or Operational process you have going.  

What would you assess your personal success rate is for 2024? 

Once you have enough equity you can go through the process of removal without refinancing.  

So I'm strongly considering adding a handful of these to my buy & hold portfolio.I understand that there's no "risk-free" method to acquiring these properties subto, but have any of you had success over the long-term acquiring properties with VA loans attached?

We are seeing a lot of success with flips/BRRRR strategy all over the state.

I’ve experienced success in the STR market here in St Pete myself but I’ve since transitioned my properties to long term rentals for convenience and time management sake.

Since this is my first go around - I'd really appreciate advice on the following:- any references on lawyers /firms to work with to go through the Barment and foreclosure process without breaking the bank.- Ball park ranges - what can I expect the cost of this process to be?