This post is for you more seasoned transaction coordinators out there.

My plan as of today is going to be Buy, Rehab & Hold as seasonal vacation rentals on Cape Cod.  

For the most part the tax lien season in MD is  over so I doubt I would be speaking again soon but I am happy to speak at any club that is interested. 

Some borrowers use FHA strategically and may put a large down payment for its other advantages such as 56.99% DTI backend, 2 year CH7BK, no time seasoning for shortsale in the past if borrower had no lates, qualify with foreclosure in 3 years or less, etc

Hi Matt Castle I have had 2 evictions in last 3+ years, so don't really have a trend, but I would think that the evictions would be higher around and after the holiday season, because people tend to spend more money than they can really afford for holiday shopping and the they forget the importance of paying rent on time.Just my guess.Sharad

I think the area in question is a heated 4 season room.If the property is only 1100 sq ft, the price per sq ft is inflated incredibly for what we are offering.

I think that it is safe to say that if there is money to be made, then nothing can scare away the seasoned investor.How would you address my secondary question - which jobs carry the highest risk of hidden costs.

I think the answer is yes, but I wanted to get the perspective of some other seasoned investors.I bought this condo for my primary residence about 10 years ago with essentially nothing down.

@Joshua Pillow  Your first deal is doable. 

I checked VRBO for other 3/3s in the building and for the most part booked through the season at around $2400-$2700/week.