What processes and things should we be aware of when buying out of state? 

Thanks. 2015The plan: Fill my first property with a (good) tenant.

I have several friends that have built with modulars in and around Asheville, have found the construction quality to be great, have found the resale value to be tremendous, and have found the construction process to be much faster and easier.

It depends on who the initial lender sells and services the loan after funding (most DSCR lenders sell off the loans at the end of the process).

What does this process look like overall? 

Moreover, if your asking price doesn't align with the property's financials, it can stall the selling process.

I'm basically in the process of learning more about marketing and testing to see how much I can do by myself. 

We spent the next two years hiring an architect to help us with the rezoning process and finally embarked on getting it zoned commercial changing the occupancy status from R-3 to B, S-1.

Part of the agent’s process will be to reach out and find out how much compensation the seller would be able or willing to commit to, versus how much compensation you are responsible for.If there is no buyer broker agreement in place, you are free to do as you wish, however, if you want representation and were hoping the seller will pay your agent, the agent should be the one to reach out to the seller first to make inquiries and secure a compensation agreement with the seller.  

No inspectors come out during the contract process to look at the house.