Feel free to reach out with any questions!  

Feel free to reach out to me and ask me questions, we are a Veteran owned and operated mortgage company.

I would also continually watch the market in your target area to get a better feel for what is selling, what features are important, and how long houses are sitting on the market. 

These loans DO meet my criteria, so I feel they are safer than many of the funds I looked at.If I'm in a state, like Texas, with great foreclosure laws, this, for me, is no more risky than buying the property for all cash at the price point equal to the loan balance.

I feel like that’s the minimum anyone should go with a STR, for sure.  

If you need a rec for a lender that does this type of loan feel free to reach out, happy to share his info.

To me it feels like most neighborhoods here are dilapidated, cheap with little demand.

Personally I am not sure what investing out of state looks like, and I would truly feel incredulous if I could get help from any of you amazing friends here on bigger pockets!

How would you feel if the "skilled"  handyman mis-wires something and there is a fire? 

In my market this gives me the same cash flow return as buying more units, just not the added benefit of having more buildings to build future wealth but I feel it’s a smarter play right now given my financial situation.