Your accountant might have a preference.2.

Here’s how to take it further:Follow up consistently - If someone responds, follow up every few weeks to see if they have new deals that fit your criteria.Be specific - Clearly outline your preferred property type, location, condition, and price range to make it easier for wholesalers to keep you in mind.Build relationships - Try setting up a phone call instead of just texting.

I prefer my cash flow to be just a bit better than that.I am happy investing in syndications and you are happy investing in SPY and SF active rentals. 

I do have experience with significant home renovation but for a personal residence, based on my experience with this I would prefer to buy a property built after 1970 if possible but not sure if that's realistic, the only deals I could seem to find from the MLS are very old houses which I know often brings more challenges with the renovation.Would appreciate any references or suggestions anyone has, so far I've only invested in rental properties that were already in good condition bought with a loan.

Would prefer somewhere within driving distance, which I think is doable.

Why both of them and do you prefer one over the other? 

We negotiated the price down a bit from $350k to $340k and the construction company is committed to pay 2% of seller's paid costs as incentives if I use their preferred lender.

I’d prefer to avoid double-paying for insurance if possible.Additional Note: This property will be used as a short-term rental, which adds to the complexity.Any advice on how to structure the insurance to cover all bases without redundant costs would be greatly appreciated!

The truth is, if you can execute, BRRRR can work in all of those cities so it's a matter of preference - whether you prioritize cash flow or appreciation, price range, if you know anyone, school zones, etc.

I'd like to connect with someone who knows the local market as this is where I would prefer the property to be at since it is close to me.