Just be aware of this.For everyone else reading this, another reason why you should really rethink moving a property into a LLC.

Alongside my two partners, we are venturing into the realm of new construction projects in the US.As we embark on this exciting journey, we are eager to connect with fellow entrepreneurs and seasoned professionals who have experience in new construction.

If you read the post and see the mayhem, you might get it.

If I read right, you are also planning on assuming the seller's mortgage.

I know a lot of people target the travel nurse demographic, but there are also a lot of patients that come for long-term treatments and need housing.Does anyone have experience catering to this demographic, and what are your thoughts on making the house ADA compliant? 

I learned SO much reading and editing BiggerPockets contributors that I turned around and did a bunch of my own deals — a flip, 2 house hacks, 2 short-term rentals, and one long term.

Keep in mind that about 40% of the population rents.I agree with you that buying a run-down property requires experience, the biggest concern is that you don't get enough discount for the condition.

But I'm sure with your experience, that will not happen to you.  

@Ammar Khan you cannot qualify for REPS if you have a W-2 job.Google the IRS requirements and read for yourself.

Are there any local or semi-local banks that offer loans to those with no experience?