This means we need to buy under an LLC and not our personal. 

IF you're in a HCOL area or HCOL region in a normal area, definitely add a bathroom it's a huge appraisal add and game changer. 10-15 years from now when you sell, nobody wants a 3/1 now and won't then. 3/1s stay sticky in any market I'm in, I'll buy distressed and add 1-2 bathrooms and get a huge return on just that. 

Quite a bit of risk associated with the process and from what I am hearing from those who used to be more active buying tax sale properties in Philadelphia the risks are no longer aligned with pricing concessions.

It's obviously depends on the market you're buying it.

If you just want to pick investor's brains, I'd start DMing people in your market right here on BP and buying them lunch or coffee.

I’m struggling to find anything which is frustrating…..my aim was to buy somewhere early in 2024 but I’m analyzing a lot of deals and coming up short.

Ultimately, raising money is about creating a product that your potential buyers want to buy.  

There is a small chance that I will not sell it for a long time. 

Hey @Graham Reblitz, For long-term rentals, I would recommend buying 20 to 40 min to the north or east of Tampa and you are going to be able to acquire decent cash-flowing properties.

Feel free to send me listings you have in mind (don't worry, not planning to buy) and I can give you an idea of the neighborhood and what's nearby.