But we are ready to put in the work and soak up as much knowledge as we can.We’re here to build connections with private and hard money lenders familiar with our region, find investor-friendly agents, and network with contractors who value integrity and excellence in their work.

The first way you get to learn the secret behind doors, see things get ugly, get your hands dirty, it may or may not save you money but will get you the working experience you needed so you can appreciate the work and know how to talk to people.

Hello Dalton, Is this an appraisal done before the work was completed where you gave them the scope of work and they are giving you the ARV appraisal?

People had no idea what to do at stop lights, gas pumps didn't work and those that already pumped gas couldn't pay because the attendant couldn't take cash, the lights were out in office buildings and hotels, grocery stores were worried about frozen and refrigerated food going bad, theme parks had people stuck in rides screaming to get off.

@Craig Curelop is a great resource to assist with this as he is in Denver and wrote the book on house hacking for BP.You are a little numbers heavy vs. expectations meaning that it seems like you are really counting on these numbers to work and they could be tight which can be scary for a first property.

One thing I will say if you find the right people to bring you these deals that are off market, you can find 1% in any location if you are willing to put in the work and find good real estate agents/brokers and take on any problems other people do not want to deal with.

He does good work and is easy to work with.

I have taken my real estate agent course work and plan to take the exam and sign on with a low cost broker to handle my own transactions.

I develop a high level scope of work and then make my own estimates for each item.

Consider how your property would do as a LTR and underwrite those numbers (worst, middle and best case).I am very happy with my investment but it has been a lot of work and many challenges managing it from California.