But unlike going to your bank (and getting your local banks CD rates), with these accounts you can shop CD rates nationwide. 

The seller offered financing with 20% down, which I used to buy the place.After starting construction and realizing it was going to cost more than expected, I approached a small local bank that knew the property and would offer the rehab financing. 

You give up some upside when sitting out a bit, but you save yourself for another battle down the line. seems like you can make things work by investing in local markets, so don't chase the paper dreams of long distance markets just yet. 

I am a local Realtor and I work differently with my investors.

We a significant amount of research into market rates of rents, population in-flows and out-flows and other data.  15% management fee covers specifically what?

Following this discovery, he promptly contacted his attorney to dissolve the LLC.Additional Questionable Entities:Dogwood Capital InvestmentsM&M Capital Finance LLCKey Takeaways:Conduct Thorough Research: Always verify a company's registration with state and local authorities.Scrutinize Documentation: Examine identification and corporate documents closely for inconsistencies.Verify Contact Information: Ensure that all provided phone numbers and addresses are legitimate and connected to the entity.Be Cautious with Payment: Avoid wiring funds without extensive verification of the recipient's identity and legitimacy.While the majority of direct and private lenders operate ethically, even a single fraudulent interaction can damage your reputation and finances.

Return:Finishing the basement and adding bedrooms can add significant value, especially if your local market places a premium on additional living space.

Here's the link to join the discussion group (note: This isn't my group; I'm just a lurker there).Then there's also another, even more active, group for STL-style investments (locally known as Alojamente Local): AL English.

Talk to your local building department for the codes they follow and requirement(s).

I had the owner of my local branch doing mine.