Hi all, I just have a question and I would greatly appreciate the advice back.I have recently gotten licensed as a RE broker in the great state of North Carolina and I plan on hitting the ground running.

The long initial acquisition phase makes it tough.

As for prevention, the biggest thing is to avoid any wood touching the ground.

.- Educate yourself and house-hack to start small, and learn all phases of investing while minimizing the risk- Find a partner with experience who will let you follow them through a deal to learn for freeHope this helps

I am a new investor who is in the education and raising capital phase.

After closing I used this as a teaching ground for me to learn how to remodel a home.

Aside from the general questions above, if anyone has more specific knowledge around the keys, specifically Marathon and the advantages of having a stilted home vs concrete build vs modular vs ground level, how that effects insurance rates, financing etc would be greatly appreciated. 

Usually, buying a distressed property is great especially when you have a trusted boots on the ground team to help get it rehabbed ultimately getting you increased equity by saving you with rehab costs and making sure they are done correctly and with no shortcuts. 

Have you checked with the local building dept (it’s usually in their website as well)-park impact fees-traffic impact fees-school impact fees-per unit charge for sewer/storm-check if you have room onsite to meet the required parking ratios (1.85-2 spots per unit is required out here)-check your phase one environmental as see if you’ll run into any issues on the property by expanding the footprint.Hopefully your building in an area that welcomes new development and most of these don’t apply.Best of luck to you.

My question is this.What if I were to advertise that I could provide a cash offer in 24 hours or less, similar to a lot of the i-buying phase we are seeing now.