Then you join a local REIA and hand out business cards.What states are you wanting to lend in and what ball park range of loans do you want to do? 

This is not a hard money loan so the rates are good in the 5%-6% range with a 14 day close. 

After running comps in the area (I plan to get it appraised before I make ANY final decisions), the house is expected to land in the $145-150,000 range, and the landlords know of this but they are older and just want to get rid of the house and are found of me, etc, etc...

They told me price ranges, levels of rehab, and what numbers worked for them. 

Our biggest beef with section 8 in the OKC metro is the length of time it takes to get an inspection and then the wide range of items that some inspectors will pass and others fail. 

I was trying to do some with a certain threshhold of equity or properties valued in a certain range, but Alaska is one of the few Non Disclosure states, so much of the information available in other states is not available in AK, since it's private info.

The HOA is a huge part of what will eat up your profit quick and the range is wild along Navarre and similar areas like Pensacola Beach. 

Also, the property is still under renovation. although I'd give them that they have a rent guarantee for the first year, but that will only match the lower level of the rent range, so if the projected rent is between $1200 and $1250 they guarantee $1200 rent for the first year.

If you are looking at houses in a similar price range, that could be why you keep seeing around $2k for property taxes. 

And get Preapproval from a bank so you know what price range you’re looking at.