So, a client of mine bought a property with a conventional mortgage and Deeded the property into an irrevocable trust Now, after a number of years the lender caught on and is calling the loan.

It was 4500 and charge clients 400 a load.

@John Spina jr From my experience, going the conventional route with a property that will need approx 20k in renovations is a difficult process.

Howdy @Lucas HallenbeckWhat you are going to find is it is difficult to achieve positive Cash Flow while using the House Hack strategy.  

Most of my clients seem to be really content 7-9% down here.

where instead of selling our clients portfolio properties individually and separately raising capital for all our projects, there was a process where we could put all the properties into one pool (or entity) and raise funds for everything.

For a target like this where it is abutting an airport, you could be negotiating with the seller that it would be a more difficult exit strategy later for you and if they are motivated to sell, they will come down. 

@Ashley Benning, we do provide PreApproval Letter and LOI's for our clients.

Love the idea of grabbing some equity on the buy, and repeating each year, but it is difficult to find the deals or even know where on a map to begin.  

In my opinion that’s a good way to find leads because not that many people are face to face with the client.