Next, $100k might fund a second position rehab loan to a local flipper but it won’t go very far toward a first position purchase money loan.

See if there is a local FB group for STR'S. 

Aim for suburbs growing fast and keep an eye on local economy signs.Good luck!

I need to figure out how to get a Google Voice so I can make cold calls, but look local, as Google Voice does not work in Canada.

They may have missed their opportunity.Check with your local municipality regarding their maintenance code.

Ensure that it complies with federal, state, and local housing laws.

I'm local to you and happy to help you breakdown this decision.

The only goal I had was to find/buy/create a deal... something other local investors would jump on.

We've done this personally on refis with just a lease,  but through a local credit union so I'm sure it's different. it seems like there is a lot of potential problems this would create for the owner, tenant and PM if the lenders have to have a signed lease and all funds upfront, before the loan is closed.

I’m a math professor at a local college and teach personal finance and statistics.