With hardwork and ceasing opportunities we've managed to be part of this major asset and making it even better.

Investment property financing is all we do and we beat most peoples rates and we are not even close to 5.0%. 

Even in your area, you may meet other out of state investors so you have more context for when you talk to the people who will make up your team there.

I don't see an exact location in the OP, but if this is even remotely considered rural, you are adding another LTV reduction. 

I do generally agree with the sentiment of Austin and the other hosts that fundamentals will always win out in the long run, and this by nature is a long term industry, even the sales side I'm learning.  

We're relatively new STR owner/operator in Highlands and have been very pleasantly surprised with demand even outside the peak summer season.

They could even hire you to do the work on the house and instead of paying you they could just give you a credit at closing.

You will learn a lot, but you just may walk away with new friends, new partners, and maybe even someone who can call a mentor.

There's a post right above mine from a lender... there's always a lender offering $$$ even when people can't afford it. 

This is because I'm concerned that even though the things in the house I can see look great things like the electrical, plumbing, or the foundation may need major repair if not immediately relatively soon.