I was hoping to secure investments through auction instead of fixer-upper types via this method of funding. - Make more moneyI guess I'm just a little confused because this type of funding is backed by an asset and not unsecured.

What you would normally repair on one house, another house same repairs the owner flips out and cries you're spending their money.When we get tenants who get carried away with repair requests (like 1-2 a month is ridiculous IMO) we usually get on the phone with them, level with them and then tell them we can find a replacement in that apartment since they feel its so bad.

Maybe go for a commission based bonus structure to take it to the next level! 

Keep in mind that when I start doing BRRRR loan in Detroit in 2002 through 2006. these same houses that I was funding were appraising for 140 to 160k.. then they fell through the floor down to 10 20 30k now they are at 50 to 60 plus rehab.. still have not gotten back to 2004 levels ..

I think it will be initiated at the state level and implemented in how courthouses record deeds, liens, judgements, etc. 

Working in construction can give you a leg up here- you can probably eyeball  a fixer upper and get some numbers going mentally to calculate the scale of project you are taking on. 3.

Properties at this level are closer to 750k and above. 

Issue: Last October 2023, a pipe under the floor leaked from my upper condo unit to the downstairs unit causing damage to the neighbor's kitchen.My condo was paid off, so little did I know, I didn't buy an insurance policy at that time (failed). 

I’m active duty Air Force and maxed out my VA loan with three properties.Birmingham has some cheaper properties, but may not bring the cash flow that STRs in Florida might bring.It all depends on your timeline, numbers, funds, and comfort level.

Adding an led light strip all around in the upper edge of that tray ceiling can give a different vide in your movie room.