For anyone who has experience flipping out of state - where do you start?

However, as you gain experience you’ll want to minimize how much you capitalize and shift costs towards expenses.

You can try small claims court, but in my experience, it will be a waste of time trying to collect. 

Any experiences or advice on this would be greatly appreciated.Small Business Loans: Has anyone successfully gotten a small business loan to fund a down payment?

I was thinking of doing MTR in Madison, since I think there should be a demand for travel nurses and students,but I don't understand how does the numbers work so the houses are so expensive.Would love to chat with more experiences investors. 

This experience underscored the importance of making timely decisions, as time is money in real estate.

@Alexa K. thanks for sharing your experience.

Those terms would make more sense on fix and flip or BRRRR. from a HML or PML  that does new builds absolutely rates are at least 2 and 12. and that's for those with  experience.. my bank rates right now are 1 and 7 to 1 and 9 depending on which bank I use and if they are presold and I have built over 200 homes in the last 5 to 6 years..

It's just about having the right team in place where you can identify them and get offers submitted quickly and solid contractors that can give you realistic quotes so your financial forecasts are accurate. 

If you do get contacted by someone who is serious (with experience) then just request a large deposit to protect yourself.