Roofstock, the property owner or the property buyer?  

My wife and I have an opportunity to purchase a property in South Lake Tahoe from her father.

BUT The points they charge and interest are both way higher than normal, on some deals I ran numbers the points and interest were going to be 20k on properties where the ARV is 100k so you have to get properties at such a low price to make it work that it is so hard.

BTW: most owners that have hired a PMC, don't want to speak with you, much less meet with you in person to hear a hyped-up sales pitch.Also, you want to do rental arbitrage - so, you will need to be properly licensed to manage properties you do not own as required by your state & local laws.- why would an owner want to do business with someone NOT properly licensed?

I found this one on realtor.com by doing a search that only showed me properties with asking prices no higher than $150k

The best properties are those that have room to grow and only require minor maintenance.

Or was it just you driving around a side of the city you work in until you found those distressed properties to call on?

As long as the Belize property is not part of the collateral your fine.  

For 3.5%-5% down, you can purchase a property and get the ENTIRE RENOVATION financed over 30 years!!! 

If you turn any two "bonus rooms" (rec room, office, formal dining room) into two more bedrooms, then you're at $5,950+ per month—a 138% increase in rental income.Now, imagine scaling this across multiple properties while keeping lower upfront costs compared to multifamily properties.