I’m curious, when you’re entering a new market, what’s your approach to starting those in-person connections?

None of the lenders I know are entering all the investors who lost with them into some database.

Hopefully as the rates and the housing market loosens so will some of these guidelines in the HML programs. from talking to hard money funds especially those who operate in more than 10 states, and 5 years of experience with underwriting teams, I'd actually disagree and say new construction is preferred to rehab due to experience level to enter the market. there's BP lenders that will do 15% LTC with 1-2 new build experience.

I entered negotiations with a wholesaler for a vacant lot.

As large investors entered the market to acquire single family houses, our margins were squeezed and we ultimately could not maintain our target investor returns as the market totally changed.

You are entering a dangerous area. 

I'm looking to enter this asset class at a smaller price point to learn it more.

@Cheryl J McGrath  Personally I don't see why any RTO buyer would enter into an agreement  and put down money if you don't own the house yet. 

We have a judgement but since they closed their offices LLC that entered into the contract we have no way to collect.  

If a landlord needs to enter a property for an inspection or repair, a two-day notice is required.