Purchase price: $85,000 Cash invested: $60,000 My initial strategy for this deal was to flip it and sell it, but the market was unfavorable so I opted for the BRRRR strtategy instead.

Just do thorough research on the local market and have a solid plan for managing the properties remotely.Good luck!

I still have a full-time job, but my goal is to start with 1-2 flips/year for the first couple of years, then ramp up to 5+/year.Right now, I’m focused on learning as much as possible—market analysis, deal sourcing, estimating rehab costs, and raising capital.

Hey All, I'll be traveling to Costa Rica for a wedding and wanted to explore the market while I'm visiting.

My advice would be go for the most they will loan you as long as you're in an appreciating market and you can find a value-add.

If looking to change the market value of property, well there you go. 

Most times when evaluating a DSCR mortgage, market rent will come into play.

Generally, a good property manager will make sure to do the following:- rollout a strong marketing plan - thorough application process - know the fair housing laws- have the vendor relationships to take care of any emergencies that could happen- dealing with late fees & evictions!

For example,  if no one else bids on the property or it stays on the market longer than the bid window and they do not accept an offer?

Quote from @Blake Steagall: Hello @Jaycee Greene, I do not own any real estate in that market yet but am interested.