Make sure the lender you choose has a strong background in this type of lending...check them out on Linked In to see their experience level.

Initially they said they would make payments to me and crap like they have millions in assets, just no liquid assets. 

In markets where affordability and cash flow are tough, focusing on stable, long-term rental markets with strong resident demand can make all the difference.It’s completely understandable to feel cautious after missing opportunities in the past, but real estate has always been about timing and strategy.

Novices can prosper in distressed properties given a strong support network of brokers, contractors, and financial advisors.

Initially my thought process was having them fill out an application through Zillow before touring the property, but I could see how that can turn people off to come to the showing.

I want to create a strong marketing plan before taking that step to help me achieve my goal of earning $50k in commissions.I’m hoping this group can help me with a few questions:1.

Why not work with an agent to craft a strong offer if it’s a good deal, don’t just lowball for the sake of lowballing.

@Jack Cottrell You Vacancy & Maintenance percentage are aggressive and may only work for a Class A rental/tenant.If the is a Class B or C rental that will attract Class B or C tenants, you should strongly consider increasing those percentages.NOTE: we deal with a LOT of Class B & C rentals, so we replace "Vacancy" with "Vacancy/Tenant Nonperformance".

.- Unexpected expenses that eat into profits.For example, some investors who bought in 2022 at high interest rates expected strong rent growth to cover costs.

Gotta work on that reading comprehension, Drew.The second and third sentences of my post are literally:"I lived in Detroit for 5 years before moving out of state, and during that time, I built a strong network of contractors, handymen, and other boots-on-the-ground contacts.