It was a big alternative church property you know mind benders. one parcel in the middle of their campus 20 acres. they acquired from an owner sub too the back taxs and they never paid 1/2 of one years tax's prior to coming into title..

Quote from @Jay Orchid: Quote from @Brittany Minocchi: Lots of investors do HELOCs or cash out refinances to use the equity to acquire.

The true definition of "owner financing" is that the owner of the home is providing the financing to acquire a property.  

I had closed on the new construction in January 2022 after acquiring the land through cash.

With a strong desire to learn, I’m focused on acquiring the skills needed to make strategic investments and build generational wealth through real estate.I’m is eager to dive into the fundamentals of the industry, from property evaluation to cash flow management, and is excited to learn from the experienced mentors and peers.Welcome to the community!

Scale with a long-term plan, acquiring one or two properties every few years.

The mortgage foreclosures require the state to acquire three appraisals of the property, the opening bid on the auction will be 70% of the average assessment as the opening bid.  

I also notice that @Gregory Schwartz mentioned Huntsville in particular—I definitely think that it’s a strong market for long-term appreciation.As for your concerns about investing out of state, I think an investment strategy that is as close to passive as possible would be best.A do-it-yourself approach—where you acquire a property, place a tenant, interview a bunch of property managers, and handle maintenance yourself—is going to be pretty tough to do remotely.

Quote from @Thu Pham: Hi community, I'm in the process of acquiring my first STR property in Joshua Tree and have met with a co-host that I really liked.

When the houses were just acquired it usually took me two to four weeks to get a tenant in them though I had some that were rented prior to make-ready and renovations being done, that's happened a couple of times.