I'd recommend doing some research into the markets.

The problem here is it takes 6-8 weeks to close, and in the LA competitive market, that is too long to be competitive with other bids.

During our monthly market study, Marion Oaks (Ocala) consistently stands out as the area with the highest demand for new construction housing.Below are some of the markets we analyze, along with their average months of housing supply: - Palm Bay: 3.4 months - North Port: 4 months - Port Charlotte: 5.4 months - Marion Oaks: 2.2 months - Silver Springs: 2.8 monthsStudy Criteria: Single-Family Homes Built in 2022 or later, 1400-2400 sqft.

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

Purchase price: $69,000 Sale price: $79,000 Ocean Shores off-market fixer wholesale STR

You need an experienced attorney who deals with tax deeds to get you title insurance and a marketable deed. 

I have an off-market deal that seems fairly promising to be mine—wanted to reach out and get opinions on the rental market there.

If you are using their money for a down payment, are you really planning on renting it to them in a traditional sense or simply having them pay for the mortgage, insurance, taxes, etc (ie you won't be renting it at market value more you are buying the home for them and they are making all of the payments and repairs?

@Robert QuirozThe landscape has changed in all markets and the days of easy BRRRRs, 1% rule, 5% down, low rates, and strong appreciation are over.

My market has a low vacancy rate.