It may be worth having an experienced professional helping you and you could always try to get the seller to pay your agent’s fees.

Put in about ten grand and a summer's worth of weekends in sweat equity and the deal is very sweet.

Why should I go into business with you when you are new/have no track record?

At the same time, dispute the late payments with the bureaus and provide the payment records showing the payments were made on time if asked.

Can anyone give me advice on how to go about it if it's worth it?

A new build needs to perform better than that to make it worth your time, all the risks and capital concentration.thanks for the advice everyone and would be happy to connect with you: @Bryant Brislin @Dave Wells @Leilah Davis @Joshua Stewart I have been building 15 to 20 spec houses a year now for 7 or 8 years..Just curious, generally from start to finish, from closing on buying the land to collecting a check after building the house and after escrow, how long is the process taking you? 

@Sundone Boutvyseth-the lowest Down for a SFR  rental  property is  15% ...if you are able to  locate an  option with 10%  down - this is likely  going to be pricey  but if you need to minize the down - it  might be  worth  using 

Know your market cap rate and you can quickly determine whether property is worth a closer look. 

I’m interested in how others evaluate and track down these kinds of properties, especially from a distance.For example:When looking at distressed properties in other states or cities, what are your main indicators that it’s worth pursuing?

If you think/know that the proeprty is going to appreciate like crazy over the next few years, then it's worth keeping.....