Credit History: Most of these loans are not credit score driven, but credit history will be evaluated to determine risk and future qualification if exit strategy involves refinancing.

I live in Espanola, I have driven through T or C, my grandparents live in Columbus NM. 

This requires a combination of market knowledge, research, and experience.By staying informed and utilizing data-driven approaches to our investments, we can make smarter investment decisions and maximize our returns.

@John LaVecchia, there is another tool other than Airdna, it’s called mashvisor .. both these tools are AI based algorithms and they predict and forecast , there is a rentalizer tool in airdna and it allows you to put in a address and it predicts numbers based on what adjacent properties ( or itself ) is earning in revenue

I've since had other projects and the minute I hear a non solution driven response from a contractor and they butt heads with the inspector we keep it moving rather than get held up on a project.

@Matt DabekLots of good info on this threadThe one thing I’ll add is that unrealistically high asking prices in the commercial arena are driven by unrealistically high appraisals.

Do you expect things to simmer down (increase in prices driven by tighter supply and good demand) over the next year or stay at the current level or perhaps increase?

Furthermore, I am a very self-driven and entrepreneurial person and I would much prefer working for myself to other options.

Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

This vehicle will likely be driven approximately 300-350 miles per week, 75% work related 25% personal.