House hacking and FHA loans can help qualify for lower down payment loans, while local banks and credit unions offer favorable financing options.

As a private money borrower, some of the biggest challenges often include securing favorable loan terms, managing tight deadlines for funding, and maintaining a solid relationship with lenders.

With a favorable market and minimal improvements needed, we saw a profitable opportunity to capitalize on the high demand in the area.

Negotiations centered around securing a favorable purchase price, which we achieved through swift decision-making and leveraging our experience in evaluating properties for fast resales.

If you know you need to do the roof within the next 6-10 months, I generally favor getting it done sooner than later.

This could be favorable for investors looking to purchase properties for rental income.- Diverse Property Portfolio: The area seems to have a mix of both residential and commercial properties, which could allow for diversification in your investment strategy.Strategic Location: Shelby's proximity to global markets via nearby airports, rail, and port facilities could make it attractive for businesses, potentially driving demand for both commercial and residential real estate.Potential Challenges- Economic Concerns: The unemployment rate of 13.0% is relatively high, which could impact the overall economic stability of the area and potentially affect real estate values and rental demand.- Price Discrepancy: There's a notable difference between the median listing price ($295,000) and the average home value ($201,945).

My family and I decided on Reno because of the low property taxes (that don't reassess on the sale), much more favorable tenant/landlord laws than CA, diversified job growth, population growth, close proximity to Lake Tahoe and the Bay Area, and the overall weather is not as harsh as a lot of other areas across the country. 

You can then consider using those profits to invest in a buy-and-hold property, which could provide more favorable tax treatment in the long run.

I'm a big fan first as an investor of cash on cash , DScr , never really follow cap rate since most over calculate it their favor.  

They are more likely to respond favorably if an attorney is involved because they will realize they can't manipulate an attorney.