Now you need to figure out how to find deals and pay for them.

I'd find off-market deals, do some cosmetic updates, and then refinance. 

If everything is still a go at that point, spend time on the compliance to make sure there are no deal killers.

This is for anyone who does cold calling campaigns to acquire real estate deals.  

IMO some markets make it easier to find cash flowing deals than others.

Even if it wasn't going to be extremely profitable. 2) Get help underwriting the deal from an experienced, unbiased source.

It would be nice to not have to do coatings at $400/3-years, but that's not a huge deal.

Here's how you can find good deals on properties that might need some work or are priced lower than usual:Connect with People - Make friends with real estate agents, lawyers, and others who know about properties that need to be sold quickly or aren't in great shape.Reach Out Directly - Send letters or use websites to contact property owners who might want to sell fast.Look Around - Drive or walk around neighborhoods to find houses that look like they need fixing up.

I picked up my contractor license after 2 years flipping, for ease of dealing with permits. 

You are more likely to be struck by lightning twice.