The hard part is finding the lender and a 'deal' worthy of engaging a private lender. 

I'm active duty in the Navy, and as such, spend a lot of time on deployment (like I am now), I've been listening to the podcast for the last few months as I downloaded them all before I left. 

Units are rough and need rehabbing.Offered 200,000, and we are in contract.Biggest inspection issues were mold and foundation, which was affecting the roof, and a hoarder tenant Brought out a structural engineer; foundation and drainage issues $6,500-8,000.

I've been reading and researching a lot and I think I've figured out how I want to invest and a plan to do it right.

I'm a full-time musician and a long-time real estate investor (always done it part time),  I've owned a few student rentals, a duplex, a single family and I've always always rented out my basement wherever I've lived.  

He cost $3K.So it's about 5 months since winning the auction and I have drawings and a plan and I have to find a contractor. 

In Pa I recall we paid school taxes and a local tax on income.

I don't recall ever seeing any job sites shut down, yet over the last month and a half or so I have seen maybe 8-10 jobsites shut down.

That is, negotiate the best deal you can, then put them under contract with the right of entry, right to market, and a contingency such as contingent upon successful 3rd party assignment, then take each property to public auction and flip them for quick lump sum profits.

That gets me repeat business.The house with 9 beds has 4 baths, a Jacuzzi and a kegorator.