I’d be happy to answer any questions you have or help you with any thing you need as far as property management, contractors or Boots on the ground.

A ground-up construction loan for a new investor on some vacant land would also be a no-go as you must be able to show successful exits (refinance or sale) from a few projects before that's an option.So, we need to be able to see funds in your account that can cover the down payment, closing costs, and some reserves left over that will allow you to start your rehab.• No entity to close in: Though an LLC/entity is not a must-have, it's a nice-to-have prior to seeking financing.

This community is full of valuable advice and connections to help you hit the ground running.

Hi Bridger,  Back ground;  most counties/cities have zoning and regs on;  max number of unrelated adults allowed in a rental. 

This was a little labor intensive but worked to get the relationship off the ground.  

Quote from @Fakaradin Floyd: Hey everyone, I'm a 24 year old Software engineer that's always wanted to get into real estate, I graduated college about a year and a half ago and wanted to hit the ground running when graduated.

Drive that thing into the ground and replace it with something real fancy in about 20 years!

Of course, many investors bend/break this rule, but that's another risk.2) If your bid wins the foreclosure auction, you then have to deal with getting rid of any occupants - who may steal/damage everything they can in retaliation:(3) You MUST have a great crew on the ground that can minimize surprises - not easy to do on your first deal.Regardless if you buy a foreclosure or other property, read our copy & paste advice below:-----------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

On 6 acres of ground, plenty of parking.  

Given these circumstances, I believe there may be grounds for a class action lawsuit against these companies, and their owners.