They need analyze  the property, the deal structure, and the sponsor. 

(Unlike the popular belief many hosts have, it is not even 5 star rated properties or crazy place with $10,000 oak front door) That is why I like the STR game.

It's a little easier to analyze NNN properties, but there are nuances and questions you need to ask. 

Purchase price $89,900. Duplex fully occupied with rents of $2,500. Leases expire mid 2025. C of O until April 2026. Separately metered with tenants paying all utilities. Mortgage payment of $870 PITI with 20% down at...

That’s huge when you’re investing from out of state, because it means less hassle and more reliable returns.Turnkey properties are super popular here because they’re ready to go right away.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

For LTRs, prioritize markets with population growth and strong job markets.Wherever you choose, work with an investor-friendly agent who knows the local market and can help you analyze deals.

The problem in analyzing is we have no idea what Thomas' personal FICO/credit history, assets, vesting type etc.. 

Hard money loans are popular for covering both purchase and renovation costs, though they come with higher interest rates.

Then reach out to me on a separate post and we will analyze.