Investors also look for lenders with **experience in the specific market** or property type, as this ensures a smoother process.

Check the local credit unions or small regional banks. 

I think I am on a path to recovery, ready to check out the market tools to finally pick and market and find some deals!

What is the Kansas market looking like for those who have invested there.

If I were you I would pay down my Debt, join your local real estate Club, learn how to search for deals and wholesale, and then start buying once you have built up enough cash Reserves

Scan the local papers and try to find any vocal neighbors trying to ban STRs.

Whether they are section 8 or market rate, a bad tenant can cause $10's of thousands of dollars of damage really quickly.  

Hey Patrick, a lot of investors are seeing they can scale faster in Midwestern markets, where the Price/Rent ratio is a lot better.

I've been here since 2007 (but only started investing in SFH recently) and have definitely noticed that when I see a duplex, tri, quad, 8+ they all seem to be in rougher neighborhoods...that being said, I myself definitely want to find some and may end up relying on off-market deals to find what I want.Let me know if you learn anything new about multifamily here in Memphis, I'd love to understand it more as well!

Local RA’s How did you finance this deal?