Hi @Ashley MillerBanner Elk is a great place for STR due to the busy summer season, ski season, and fall leaf color season.

We haven't had anything like that happen at our place.

Hey Zahra,Have a lot of clients working down there and you are correct, it has become a great place for investors.Biggest differentiator that I have seen has been on appraisals after the repair.

Seller should record their lien against the property, you both should have an attorney review to make sure all interests are property documented and protected, and i think everyone is in a good place. as far as evicting tenants... this is up to what you and the seller can negotiate. i would still be putting on the same contingencies - appraisal, inspection... know what you're buying. don't get blinded by the seller-finance piece. 

Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.

This is a great place to get your questions answered.

For example, places like Illinois and Oklahoma have specific rules requiring a real estate license for certain types of marketing.This specifically for flipping land using Transactional Funding.If you’ve done this before, what states have you found to be friendly toward this approach?

This is an awesome place to learn and grow in real estate.

You mean I have to spend money on the place after I buy it?

If places like yours are sitting at $2200 with no traction, you’re taking on unnecessary risk, especially as a first deal.