Hey Matthew,I work a lot in the Detroit market, specifically on BRRRR projects and with Section 8 tenants.

I still get qualified candidates from all sources. 

I don't know any information from the source and what I mentioned I heard it from the grapevine.

@Heidi FischerGreat questions for a CPA that knows more details of your specific situation. 

I joined BiggerPockets specifically to address this and to build relationships with people from diverse backgrounds and locations.

To clarify, I had initially put the property under contract but had to back out of the deal due to negative inspection results, specifically related to foundation issues.

I am not yet familiar with specific areas though.Because of the high cap rates, your question does make sense.

I recommend checking with your lender about their specific requirements.

Another investor told me about assignments, specifically cooperative assignments. 

This is consistent with data from sources like Zillow, Redfin, and the local Santa Barbara Association of Realtors.However, when I go to "Pick Markets" and select Santa Barbara, the median home price listed is $620,000, which doesn’t align with what I’ve observed locally.