MidSouth HomeBuyers specializes in rehabs and a vertically integrated model in Memphis and Little Rock.

The PM company’s in-depth knowledge of California’s tenant laws and a rock-solid screening process.Hope this gives you a strong starting point.

@Josue Ramos I would recommend areas like DFW, HOU, SAN, OKC, Tulsa, Memphis or even Little Rock.

At a high level, this will let AHP run leaner, taking the entity from running in the red to black.

The others some headaches but got really cheap as rehabbed so holding good chunk of equity and they still cash flow averaged out but it’s way less stable some months far positive and some in red.

That means if a tenant leaves once a year I have two weeks to get someone in before I go in the red.

and as a lender in possession the paper was rock solid .. never had one default.. 18 months in the house is half paid.

I definitely ended up passing on this "deal" based on the red flags.

The 3 issues you described are all fairly large red flags, especially for someone's first property.

Most agencies are slow to process paperwork, have a lot of bureaucratic red tape, and it is difficult to get them to respond to inquiries.