Knowing your price point based upon pre-qualification and estimates from a lender makes this process much more efficient and effective.  

The concept of a closing cost grant to make up the gap was the idea.Seems like lenders know what their minimum is since they know how low of a loan they can fund effectively.   

I'd assume you would need to put in a decent amount of effort to build out a local team (which is fine, but can be hard to understand where to start), and also have some experience within that market to be able to operate effectively. 

@Jose Valdez this may sound broad, but study every factor/variable that may have an effect on your investment strategy and specific target market.

I have read books about PML's and understand the concept, but would like a voice of reason to have as a sounding board. 

However, that will only be possible if the property manager you hire uses effective marketing strategies.

According to the new law passed for Colorado effective Jan 2021 pasted below...HB20-1332Prohibit Housing Discrimination Source Of IncomeThe act adds discrimination based on source of income as a type of unfair housing practice.

Originally posted by @Kevin Kim:Currently looking for properties in Arizona.Partner and I are looking to close extremely fast(21 days or less), all cash.Comment or DM.Kevin, quite a few buyers in almost every AZ market are doing the same right now- it's an effective way to buy.

Effective water run off! 

This passed earlier this year and effective January 1, 2022, bill payment services such as Apartments.com (using ACH), PayPal, Venmo or ANY other alternative must send the tax payer a 1099-K for payments collected over $600.