I haven’t done a deal yet, but I am looking to expand my network and knowledge so that I can complete my first transaction in the next 90 days.

My plan is to find discounted properties & do the BRRR strategy & potentially have section 8 tenants.Hey Jonathan, totally can relate with you being from an expensive real estate market - I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

Also making sure we are keeping our nightly rate within the completion and improving the amenities offered in the home.

For investors who aren’t quite so ambitious and just want some rental property in their portfolio, residential property in popular suburban neighborhoods purchased at a slight discount to fair market value, financed at no more than 70% at the LOWEST available interest rates, fixed rates long term, and with the owner having a sufficient capital reserve, and all major repairs already completed, offer a great long term capital appreciation potential, low risk, and a 6% annual cash flow.  

However, this would be a quit claim deed with $0 as the consideration. 

The house was pre listed before final stages of renovation was completed.

I am currently working on acquiring a commercial vacation rental property, which I plan to transform into an 18-suite boutique hotel, complete with a public bar/restaurant and a pool.

Thanks @Bradley BuxtonI have done very cursory investigation of the Tahoe areas, but my understanding is that it is not very friendly to STR investment (e.g. limited permits and the potential of completely banning STR's).I currently have property in a mountain resort town that is close(ish) to a metro area so we have lots of WFH employees, but it appears that the market is drying up due to RTO policies. 

Thanks for the reply, I was asking this question trying to understand the valuation for when I would complete the project for refi and potential profit.

Our strategy is to buy and sell once the builder completes selling all the houses in the community.The base price of the house they're selling is $420K, but the model house, with all upgrades, is priced at $450K.