Easier to predict expenses - typically no major repairs unless from association3.

pretty small hurdle to have a good win as a private lender just get paid as agreed.now equity participation loans those can spin the needle pretty well ..

The specialist I recommend you have is an attorney to properly draft the documents and a title company to facilitate the deal.

I bought an almost rent-ready triplex sight unseen in September and got it fully rented within 60 days of closing. 

So many questions and things to consider.

Hadn't heard Azibo mentioned before so I'll look into that.I'm purchasing with a bit of equity to start, plus I'll have put 25% down on purchase and am making a few upgrades.

For the seller (John) to defer capital gains via a 1031 exchange, the sale proceeds must be reinvested into like-kind property within 180 days.

“If you want to increase your success rate, double your failure rate.”- Former IBM CEO Thomas Watson

1) Research Zoning of similar property2) Do search with same zoning criteria with propertyradar or have title company give you a list.3) Possibly filter by satellite photos to eliminate undesirable topography.

ARV (maybe in 2018 - it would be much higher today) was ~$600k so we wanted $420k.