Quote from @Kyle Byrd: Any investor-friendly lender and/or agent recommendations in this area?  

On buy-and holds we usually replace all the plumbing with pex, no matter what, because galvanized has a life expectation of about 60 years, so I usually take the sooner than later approach.Stick with hard money, like Mach1 or or MKE hard money (Scott Lurie) as they will not leand on a deal that does not pencil out, so you have the added benefit of someone experienced looking over your numbers.

Are there ethical prohibitions on agents bidding or competing on a deal that their client brought to them?

Working with Real Estate ProfessionalsLocal Real Estate Agent: Choose an agent experienced in student housing.Property Management Services: Consider hiring a property manager if you’re not local.Inspection and Appraisal: Conduct thorough due diligence to avoid costly repairs.6.

I experienced the same thing when I had a small portfolio of small SFH, duplexes and triplexes.

Other options include the BRRRR strategy, which allows you to recycle your capital by refinancing after renovations, or partnering with an experienced investor to scale faster.

It would be great if someone can recommend some good real estate agents. 

@donyea @Donyea Jenkins Im happy to help if you need an agent or if you just have a question about a property.

Partner with an Experienced Hospitality InvestorConsider bringing on an investor who has scaled hospitality properties—they can provide funding while you handle operations.Would you like introductions to equity partners or lenders who specialize in boutique hospitality acquisitions? 

I'm in agreement but I'm not entirely sure where I'm going to need to create the LLC since the property is no in our state of residence.Do I create the LLC in WI (the state the property is in) and pay for a registered agent in that state?