Nice to come across your posts...I've begun looking at condo's in Mammoth but have been a bit skeptical on ability to cash flow or even break-even with the high HOA's ($400+/mos) and high cost of management (~40%), plus it sounds like you're collectively feeling Mammoth prices have become a bit inflated (?)...

This:"BUYER UNDERSTANDS AND ACKNOWLEDGES THAT THE PROPERTY MAY BE ENCUMBERED BY MECHANIC’S OR MATERIALMEN’S LIENS OR OTHER LIENS, JUDGMENTS OR ORDERS RESULTING FROM ALLEGED VIOLATIONS OF LOCAL ORDINANCES AND BUYER IS TAKING SUCH PROPERTY SUBJECT TO THOSE LIENS, WHICH MAY OR MAY NOT IMPACT BUYER’S ABILITY TO OCCUPY OR TRANSFER THE PROPERTY IN THE FUTURE."

We have only used private money to finance 100% of our previous deals.We do have the ability to fund the rehab, but philosophically it is not our preference to tie up that much cash, for what in this case will be a longer rehab.We also have the ability to raise the $100K from either another source 100% or a few different sources participating with $50K a piece.My question is this -- since we have previously raised all of the funds used on a project from a single source, we have been able to secure their investment with a first lien/ deed of trust. 

You have equity and the ability to borrow money on a deal 3 to 4 times as big.

You do need to have a little mechanical ability but utube will teach you.

@Joe Splitrock The ability to do more deals also diversifies my investments, and more doors means when a vacancy occurs it isn't as harsh on the bottom line.

Though it will depend on your ability to get along with the outside company.

Look at rent growth, population growth, job growth, affordability, and other metrics to choose your market.

It will make you think bigger and plan for more growth, which is what you want to do from the start.

It has been so instrumental in my investing journey, and in my growth as a real estate agent.