There is usually very little available in that range, maybe the occasional one br condo or house that needs to be rehabbed from the studs or torn down.

I just wish the market in WV had more than the occasional opportunity for a deal.

Machines they need occasionally, rent as needed.Local laws will dictate what kind of business you can, can not, run from home.Of course, proper insurances are important not only for themselves but most owners and all gc’s they will sub for will require it.Don’t strive to be the cheapest...strive to do the best work and be dependable.

Only occasionally will we see them come in significantly above the purchase price and that happens most often in the $1M+ category.You should still be looking at your own numbers for after repair value. 

@Yitz ParnesSome properties are more work than others, so occasionally one might sell a “headache” property and use the funds yo buy one that is more passive to operate.

I have two tenants that over 6 years have needed 1 repair every 2-3 years (microwave, garage door opener, and an occasional appliance repair) other than that I never hear from them.

My sense is that I have probably run across quasi-private (small company lenders, possibly backed by hedge funds or private equity cos) who will do higher LTV.I personally am not comfortable taking on high LTVs at this phase of the market so I dismissed them out of hand and didn’t even save their info, and I hesitate to even post something which isn’t specific/helpful, but I do feel that they are probably out there if you look hard enough.But I’d also caution you to read the loan terms carefully because my sense when I have occasionally run across these companies that will do higher LTV is that they were pretty sophisticated, so you would want to be careful in dealing with them to know what you are agreeing to.As I think about it more I think some of those lenders/programs were oriented to make loans to mainly experienced investors and rehabbers, so if you are relatively new to the game you might not fit into their profile.I wish I could give you specific companies (I think one might’ve been based out of Connecticut) but again I am relatively conservative when it comes to leverage so I didn’t bother to save the info.

I am open to any area in the Denver metro, but the areas I have zeroed in on are Littleton and Arvada, where I have OCCASIONALLY seen such homes on Zillow/Realtor.com.

I've also looked at roofstock.com and bestplaces.com data, though it occasionally differs from BLS and Census info.

Just let him know you are interested and keep in touch occasionally.