Just completed my first deal so I have limited experience, but I'm always cool with connecting with other investors.

The major downside is the rugged road through the property.Given these two options, I'm just curious what you guys and gals with the experience think of it and what direction you would go if it were you in my shoes.

Basically, befriend someone with experience, read the book on estimating rehab costs by @J Scott to get a ballpark, and get reps.2.

I've discovered that most private lenders prefer borrowers with some experience, which I'm working on building now.My main focus is on my exit strategy.

They need to make before they lose money or even worth marketing the asset for youI don’t believe at all this is like McDonald’s, it’s more like calling an electrician to change a light bulb, there will be a travel charge // min charge for someone to come do a specific job.

thereby allowing these plumbing updates to pay for themselves).I've got the toilets and faucets all picked out (because I have personal experience with these and I know which ones are good) - but I'm not sure what to do about the shower heads...I know that shower heads are an item that can be the biggest money-saver (because these tend to consume more water than anything else).

Also I'm speaking from experience in losing a significant amount of money trying to do something similar. 

@James LuctamarIn our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING. our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.

Unless you have experience with this, consider talking to an attorney.

Would love to hear people's experiences in these markets or recommendations of other markets that are more on the "untapped" side.