Traditionally the RE market has lagged in this area but Caesar’s is building a casino in town, and has already opened up a temporary building that opened up last month.

If you aren't aware, Danville VA is EXPLODING at the moment with the new Casear's Casino under development.

I am looking to network with any proptech enthusiasts like already working in proptech or have ideas of starting a proptech etc.

Many retirees and outdoor enthusiasts love this area.

With the naval hospital in the area, and a casino coming to the city soon it does feel like an area of good potential opportunity and growth.Also a few off market properties have been dealing with contract owners.

Decide on the amount of risk you’re willing to take/accept, both monetarily and time.Then when that’s decided consider your options operating within those risk parameters.Now it’s probable that you’ll have trouble being able to quantify your risk, and discerning a strategy, if one exists, to acquire and operate this type operation, let alone rehab and reposition it.Since I sense your not only seriously considering this acquisition, but also quite enthusiastic about it, I recommend that you contact a Counselor of Real Estate (CRE designation) and engage their services to evaluate the property, provide a guide as to pricing, and if appropriate develop a plan for acquisition, rehab, and operation.Hope this is helpful 

Rocket mortgage and Wells Fargo enthusiastically get all of the information and are excited until they get spooked by the debt on the rental portfolio.I need a lender who can actually analyze the situation rather than simply run a debt to income ratio.  

Being overly enthusiastic can be a red flag too. 

On a side note, Reading PA should be developing a casino in the near future and the legalization of medical marijuana will be in full effect by July 2018 (according to my physician).

It will allow you to learn about the various asset classes, get experience in passive ownership and your returns over next 10 years will trounce the flash crash, high frequency, computer controlled casino they call the stock market. lol the CAPE ratio of the SP 500 is ABSURD!