We have started meeting in person at Polly's restaurant Located at 15 South Stanley in Cottage Hills IL.

I’ve personally received a plethora of value from the BP podcasts as well as the connections I’ve made through BP.

I have personally invested in these types of properties in Alamance county.If you're open to STRs there's properties up and down the coast as well as lots of mountain vacation properties out West in places like Asheville, Boone, Hendersonville, Cherokee.

To me personally as well I found it was more important for what I do to cultivate commerical bankers and those relationships so I could get access to bank rate capital and lots of it !!

At this point its extremely likely the individual will default and the foreclosure process will happen and it gives a person who can access the documents a heads up that this is coming putting you in front of the people in C above.Where do you get these documents from?

I ask because if you did refi into a  DSCR loan you would be signing all kinds of business purpose disclosures with being an affidavit that you would never occupy the property as a personal residence.  

But the real secret to making money in real estate is finding the right properties at the right price—and that's where off-market deals come in.Off-market properties typically cost less than those listed on the MLS because sellers are often motivated by reasons other than price, like financial distress or personal circumstances.

If you can get to $3,000 GI, your expense ratio can rise to about 22% before you go negative in cash flow.Provided your taxes and insurance are at or below 1.4% ($5,200), you self-manage, and you achieve the $3,000 GI, you can break even each month or better if your CapEx is below $130/month.I always advise my clients to pencil the exit strategy of any investment even if its their personal residence. 

Welcome, great community here on BP but also in-person in Central Texas, definitely encourage you to get involved in the lots of groups and events in the region!

It’s doable, but very time consuming and takes some real personal skills to let sub contractors know what you expect of them and the quality of job they do.