However, I wouldn't say it is a complete tax-free strategy. 

Hey Sarah, if the seller has an agent, it’s best to go through them first since they’ll likely get involved anyway.For a property that’s been sitting on the market, approach with strategy.

Amarillo hold em poker room.The other thing to consider is what is the exit strategy. 

My primary strategy is Fix and Flip, and I bring a DIY attitude to every project.

Are you adjusting your strategy as rents decline?

I also think that investing remotely is something I would do after locking down my local strategy.

I'd love to find some other people who are currently invested with Fairway America and - ideally - in this exact investment.Thanks,Matt BrownFairway has put out a ton of deals in a variety of real estate asset classes and strategies.

By all measures this strategy is far superior to what all the BRRR/DSCR/Poor Dad Rich Dad folk do.

Just keep in mind the process can take a little longer since you’d need to work with contractors and follow FHA’s requirements.4.Your End Game: Whether you’re planning to stay long-term, rent it out, or sell once the work is done, it’s important to have your exit strategy mapped out.

Does anyone have any suggestions, advice or a strategy to share with me?