If you have plans to scale beyond this deal, then it's crucial to network to the local banks.

AS a lifelong resident, active investor, and licensed agent specializing in investment properties, I'd be happy to serve as a resource.

However, a clear financial plan is crucial for flexibility and security.

Hey Devin, They can definitely be overwhelming, but they’re crucial for making informed decisions in real estate.As a hard money lender, I often focus on a few key metrics when analyzing deals:ROI (Return on Investment): This is fundamental for assessing the overall profitability of a deal.

There's a handful of active wholesalers on the island that I know and can point you in the right direction, no pressure. 

I am a lifelong STL resident, active investor, and licensed agent specializing in investment properties.

In general, it is a tough RE market but house hacking is perhaps the best not real active option.  

I have a couple that are very active.

The key is finding the right market and building a team you trust—this could include property managers, contractors, and real estate agents who know the local area inside and out.Forming a Team: Building a team for out-of-state investing is crucial.

However, despite the recent drop, purchase activity has only seen modest gains, suggesting that some buyers might be waiting for even lower rates before making a move.3.