It's how you build substantial wealth.Shoot for properties in great locations that will appreciate over time and match it with a strategy that can make it cash flow (short term, mid term, rent by the room, mixed use, etc.)...or in the case of a live in flip, you fix up a place in a great location that will appreciate once renovated due to the property being a place where people with options want to live.

One last thing: I *think* I've found you on LinkedIn, but I'm not 100% certain without a matching photo.

The lower the class, the more reason to stick to your requirements (which should match the market).

So it's all about matching the project with the right lender.

I'm matching the terms you have above... it may make sense to look at a 3 year Prepay instead because the adjustment is minimal usually.Lender 1: 7.25% With 2 Points Up Front or 7.99% if you want to do a 0 Point Loan.

I don't engage in online shouting matches. 

If so, review it to ensure it matches the estoppel certificate4.

Then you will have a 10ish min quick walk through the property and if his pictures matches the reality and you don't see anything abnormal, then after you sign with him assignment agreement and you put nonrefundable deposit and close in about whatever days you agreed on(usually up to 10).  

Options may include traditional mortgages, private lenders, partnerships, or even self-directed IRAs.Calculate all potential costs including property acquisition, renovations, property management fees, taxes, and maintenance.Property Selection and Due Diligence:Use your local team to scout properties that match your investment criteria.Conduct thorough due diligence including property inspections, financial analysis, and reviewing rent comparables (rental rates in the area).Make Offers and Negotiate:Submit offers based on your research and due diligence.Negotiate terms that are favorable to your investment goals, taking into account potential repairs or improvements needed.Close the Deal:Once your offer is accepted, work with your local team to complete all necessary paperwork and close the transaction.Ensure all legal aspects are handled properly, including title searches and property inspections.Manage Property Remotely:Hire a reputable property management company to handle day-to-day operations such as tenant screenings, rent collection, maintenance, and emergency repairs.Establish clear communication channels and expectations with your property manager.Monitor and Adjust:Regularly review your investment performance and financial metrics (cash flow, occupancy rates, expenses).Stay informed about market trends and adjust your strategy as needed to optimize returns or mitigate risks.Long-Term Strategy and Growth:Evaluate opportunities for portfolio expansion or diversification in the same or different markets.Continuously educate yourself on real estate investing best practices and market dynamics to make informed decisions.By following these steps diligently and leveraging local expertise, you can effectively navigate the complexities of out-of-state real estate investing and build a successful portfolio over time. 

If so, review it to ensure it matches the estoppel certificate4.