Quote from @Dylan Gomez: I inherited two homes, both were paid off one was livable, and I now live in it, the other was a rental in TERRIBLE condition.

If they are right, their bet will pay off. 

Hostaway started off slow and never really got better.

Look for distressed properties through online platforms or local agents.

It’s off of a very busy road with lots of frontage and its own personal billboard on top of the building.I’m having a hard time figuring out what to do with the property, whereas it is more on the outskirts of town.

Usually that means that they have hard assets that can be liened and potentially sold to pay off the debt.

Are there any other platforms then meetup for these events?

The lender does charge the flipper 4 points upfront, and the note represents 55% of the property’s ARV, so I’m not too worried about needing to foreclose if it comes to that.The lender uses his own capital for initial funding and then sells off the notes after that.

Obviously the answer is yes when it comes down to the cash flow, but I am particularly wondering if HCOL/high property tax areas are places you would cross off the list entirely.

We paid off our primary home last year and have been slowly getting the courage to jump into the investing market where we live in the Pacific Northwest.