This is a great way to make a significant impact in your community and provide a new stream of revenue in the mid-term rental space.

The links you provided turned me in the correct direction!

If you find yourself with a lot of free time and you want to get your hands dirty then I'd advise looking for something that needs some work, typically you'll be able to get a deal like this a bit under market value.

I, unfortunately, have alot of experience in catastrophic losses and large scale insurance claims.This is my attempt to give back to this community and provide some of my hard earned wisdom in the hopes that it helps you navigate this horrific situation.Get a support network now.

And I am under contract with my wholesaler.however your not under contract with the owner.. so I think you are in no mans land and if it was sold bought vastly under-market I think the seller will prevail if they can prove they were lied to about true value 

Do you get the most value out of the money you make?

@Devan Dorzok Any time you buy something with a septic system I highly recommend an independent septic inspector.

To make extra sure it appraises high enough for the refinance, this would be after I talk to an inspector and get a few GCs to bid the job, might also get a structural engineer to come up with a repair plan for the GCs to look at when getting me bids.

I have flipped a few houses during covid and remote working times and was fortunate enough to grow up in a family of real estate investors and entrepreneurs which has provided me mentors and exposure to starting and operating a business.I am thinking of starting my own construction/development company in a few years time and wanted to hear some opinions from people who have done it who are outside of my circle.

Changing that to STR pushes the rate up to mid to high 6's, possibly low 7's.