The local market has a lot of opportunities, especially if you’re looking into multifamily or creative financing.

**Letter of Intent (LOI)**: Though not legally binding, an LOI can outline the basic terms and conditions of a potential deal before the final contracts are drawn up, ensuring that all parties are on the same page.It's always wise to consult with a real estate attorney to ensure that your contracts comply with local laws and protect your interests.

While it may seem unfair to offer financial incentives to problematic tenants, sometimes it’s the quickest and least costly way to regain control of your property and move forward.Lastly, connect with local landlord associations or advocacy groups.

The solution could be a creative financing solution such as a total or partial private note, an assumption of the note or LLC, a speciality or local lender, or any combination thereof. 

I have been trying to get a distressed/value add LTR property under contract in my local market for some time now.

I only know a few local realtors/ property managers I’m going to meet with them this week to ask more questions. 

You’ll likely need to look beyond the city limits (in areas that are still close enough to the city to benefit from its local economic tailwinds) if you want to find deals that pencil out.

Hi Jerrell,  The best option for trying to get a HELOC on a property would be to check with local credit unions. 

I've signed up to my local GaREIA 2 weeks ago and already started networking there. 

Establishing a good local team will be crucial for you.