As an individual landlord, especially one managing remotely, it might be challenging to secure similar terms.Payment Trust: Vendors may also be hesitant to extend credit or prioritize someone they are unfamiliar with, particularly when the owner is based internationally and payment assurances are less certain.Real-Time Issues: Handling urgent maintenance or unexpected issues can be cumbersome without a local presence.

I've used home depot/lowes in the past but was looking at using a supplier like Prosource to get my materials.

The purchase price isn't low enough for it to be a good flip, and it won't cash flow even if rents can be raised that dramatically.have you purchased off market / from a wholesaler before?

FHA loans are generally more straightforward, with lenders typically requiring verification of your credit and income.Be prepared to provide financial documentation, as the lender will need to ensure you can manage the additional mortgage payments.

Paying 2.4% for total closing costs (which include title search, title insurance, all attorney doc prep and recording fees) seems very reasonable given the relatively low $ purchase price.

How are you collecting a deposit, or putting holds on credit cards, for your STR direct bookings?

So my question is, can I take out a line of credit against that equity to help fund my next purchase, or can I not take a HELOC out on an out of state investment property?

They are much better for people like yourself, who prove that they can keep their expenses low, and accumulate cash.

We are both in our early 20s and keep our expenses extremely low (less than $2k a month).

Property managers are unlickely to offer this kind of deals as the comission are low enoughWht I am now doing with my investors now is a price agreement for certain things that they want to offboard, but this is not property management, but a sort of limited service agreement.If you are interested we can talk as I live in the area.By the way, I heard that e-sign contracts signed overseas are unenforsable, I would like to have a attorney to comment about that.