It is just like law firms from NYC have a full team vs local independent lawyers have a one-man army or a very small team.

I'm a lender local here to Cleveland right downtown and know the market very well.  

For instance, many tribal lands are exempt from state and local property taxes, which can obviously lead to significant savings.

Establishing a good local team will be crucial for you. 

We are entering the prime buying season - find other local investors and get their interest.With that said, there are a couple things that are unclear from your post. - The as is appraisal was for 275K,yet you are now expecting that it would be a reach to sell for 220K.

Hey all!
Wife and I are coming down from Toronto, Canada and we are looking to network with current investors, PM, RE Agents, etc...
I tried finding meet ups in the forum section "Events & Meetups Section" but h...

Have you looked into local credit unions or alternative financing programs?

Hey @Aaron Price, I think the best way you can get started in real estate is to reach out to local investor-friendly agents in your market.

Not likely), vacancy (@ 8% for me), and a possible PM (10% normally).I recommend you reach out to a local seasoned investor and have them run your #s with you, as the #s depend on how you manage it (how hands on you are) and also local pricing.

One person had to go through 30+ local commercial lenders which are the easiest to work with!