You don't have any money in the game, and then a large repair comes up.

Just starting out in the real estate game as an active duty Army Officer in Germany, so it’s hard to trust “out of state” realtors that I’ve never met.

What do you mean by "active", wanna be investors or people who have actually put money into the game?

It's also a numbers game which means to make many offers on a regular basis. 

You can connect with them directly.Lastly, I'd check BP, FB, LinkedIn, meetup.com and other platforms for local meetups.Best of luck to you on your journey and feel free to reach out anytime!

@Lee Ripma I've thought about being the bank, When you're funding deals are you funding the entire deal (to include all rehab) and being the First position, or are you funding Acquisition/Down payment only requiring your borrower to have "Skin in the game" and leaving you in 2nd position?

I am less positive about how well blockchain is going to change the rules of the game.

Don't worry about these costs per se, it's the entire Op Ex model of STR's that is the silent killer, you have to pay for EVERYTHING including these platforms but also furniture, electricity, gas, pool, landscaping, etc. 

I have worked very hard negotiating with both the bank and the seller to come to the terms I am at and view this as a deal that wont happen very often in the real estate game. 

So you should always check with the sponsor or platform to find out for sure.For example, on Arixa Capital (a debt fund I'm invested in), it's reported as interest income.