Motivated sellers are found by culling smaller lists and building relationships with the people you call with a more fine-tuned approach.

Best of luck-Visiting your target market at least once is valuable for understanding the area and building trust with your local team.

@Mitch Holmes With $400K-$500K in cash and your contracting experience, start with smaller flips in the $300K-$400K range to minimize risk and build experience.

I’m looking to build a strong network, so any recommendations you have for agents or property managers would be helpful.Thank you again for connecting—I’m excited to learn more about your experience and insights! 

It currently seems I’m not going to be coming back to the states anytime soon (given the upcoming projects within the next 3-4 years) but would really appreciate any advice on investment rental property strategy as so to start building the foundation for generational wealth/passive income.We have saved a substantial amount of money  for which the original intent was to buy our future primary residence with all cash if/when we moved back to the states.However, that’s not what’s going to build generational wealth and would rather put that money into passive income investments hence, real estate rental properties.

I want to build a home on the property to increase value at some point.

The buildings are getting older and they don't have the funds to do the repairs.

Start by deciding whether to purchase your first property, invest in a short-term rental, or build from scratch.

Your focus on optimizing property management and building wealth is a solid approach.For investing with limited funds, distressed property flips and creative financing are great strategies.

Focus on building strong business credit through timely payments, low debt levels, and solid financial records, which carry more weight than the name alone in establishing creditworthiness.This post does not create a CPA-Client relationship.