In addition to my local portfolio, I've recently started wholesaling deals in multiple states.

If they aren't correct and there are multiple kitchens and entrances, then getting financing is a major issue.

That gives you plenty of money that you can use towards multiple properties that could begin to replace your income and move you closer to your financial goals if used correctly.

When you're ready, take a nibble, then give it some time and if everything falls into place - go full boar.I'm an agent in Oklahoma City and we have multiple repeat out of state investors whose properties we also manage.

@Mr Davido, so I have attempted to contact who I believe would be rightful heirs but on multiple ocassions I get no response.

I agree with everyone's responses.Unless you've got spotless credit (730+), most banks won't even waste their time.Reasons to go with a broker: access to multiple lenders (I could say 100s, but that'd be a tad over the top) to find the best rate, credit score doesn't have to be the best, specialization (most bankers do everything, and might not know how to tailor fit a loan to your needs).Obviously my opinion is slightly biased :D(see blog)

There will always be motivated sellers in every market, so interest rates can help and sometimes make it worse for an investor.During a time when interest rates are high though, multiple opportunities end up presenting themselves.

The intent is to start very slowly with the hopes that 1) we don't lose money 2) we enjoy it and 3) can at some point blossom the idea into multiple properties so we can add meaningful net worth.

I have a different stance on that, I have represented the seller and the buyer multiple times, and my morals and my name are more important to me than money.

A TIC investment is where multiple owners have fractional ownership of one property.