Honest opinion - this seems like a great opportunity for you with 70% LTV at 5.5% for a property this type/size - I would be very very careful if you need to get the other 20% as a relatively new investor - someone willing to lend the remaining 20% could easily take advantage or come up with terms that could cost you - definitely depends on the further info - but tapping the equity of your current rentals and taking down the full 30% equity stake in this acquisition would probably be the best bet

No, it isn't legal to go onto a tax auction property.

Would definitely avoid salt lake city as a short-term rental market.

Now that we've gotten to know North Carolina a bit, I'm definitely interested in buying more.

I will most definitely keep all this in mind.

@Nickolas WolfeYour property definitely has the potential to benefit from a cost segregation study.

I asked the owner to review it because a number of the comps were definitely outside of the area and the adjustments didn't make sense.

That's not to say that people don't still rent out those properties but it is something you should definitely be aware of.

Another man's take would be this: If Contractors don't speak English, run like h*ll. a) they're probably not legal residents, and b) do you really want to  use a translator for every job related discussion?

Can definitely do a commercial fix and flip loan with 30% down on the purchase and receive 100% of the construction