Is there anything I can do to ideally get them to not list the house and sell to me, I’m assuming there might not be many options, especially since the sister and I had agreed on a price that was below market value given I was planning to invest money to remodel the home and was planning to honor his wishes of not having the home knocked down to make a townhome or new home.

What was your Plan?

There are pros and cons to each, but the way I see it, if you have a set strategy you plan on implementing over and over again, then you need to find a direct lender who specializes in that investing strategy.

As a newbie it would be wise to have a game plan in place before you start your journey.

You can also do a Deferred Sales Trust, again all depends on what you are planning to do with the proceeds of the sale.

Conservatively, I would plan on 12-18 months of lost rent (before rehab) and a signifcant amount of money/time to turn over the unit. 

WE plan on building a 2 bedroom home that we an AirBnB.https://viventum.com.mx/Our goal would be to visit the property twice a year (November and March) and rent it the remaining months. 

I live in NY, and plan to invest in FL.

How much money do you have saved or how do you plan on financing and/or buying a first property?

We are finishing renovation on a 2/2 that we plan to MTR.