We have a wholesalers sub group that meets once a month.Also if anyone is working on anything and needs help, feel free to reach out!

Perhaps we "buy" the house from them for the $328K balance to satisfy the lender and don't need a large down payment and then have a separate contract with them to pay $x per month until we've paid the full $172K amount.

I worked in various capacities in construction. 

I stick with boring buy and hold, but in another state where the numbers do work.

Charming, smaller coastal towns with a slower pace of life, natural amenities, seclusion and semi-self sustainability are high on the wish list of many high level clients and investors. 

I work in IT at a local boat manufacture and my wife works in the office of a flooring company in Longview.  

Happy to connect I am working in flips too with out of state investors. 

.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.

Either way works. 

For a 203k loan, you’ll want to target areas that have properties needing work but also a strong potential for appreciation after rehab.