Now, you need to figure out how to find deals and pay for them.

I would fist run the numbers to see if it is a good deal at the price and everything else, and then I would drive down the streets to see if you see any licensed contractor signs/trucks.

@Richard Schubert If the house next door is a solid enough deal you could always raise the money from people in your network to tie it up.

Do you have tips for structuring short-term leases that protect me as a landlord while accommodating their needs?

I also did one of their 1% deals in St Pete for 100K.

What made you interested in investing in this type of deal?

Would love to connect and help you with finding some on/off market deals and introducing you to property managers.

We deal with a lot of OOS investors.

To save those costs, you might want to stick to some year build and older, for example, if you cannot do inspections on the properties that you are buying due to off-market deals or something else that is hindering you (all sellers I buy from do not want anyone in the home till we close).

Wholesalers (no offense to those in the comments) who are doing this without being a foreign entity are probably co-wholesaling which is on the borderline and practically acting as an agent without a license or getting referral fees by having actual wholesalers on the ground doing deals and they just provide the leads which is different than wholesaling.