This gives you a better opportunity to do STR or MTR and not bother yourself or the LTR tenant with more people coming in an out.3.

We are seeing about 50/50 split of people holding as rentals vs selling. 

For a lot of people they will ve so overwhelmed and in shock that they just want to walk away.

This is a great place to learn and to connect with people so take advantage of all the great resources.

I love doing these types of deals—not only because most people avoid them, but also because it’s rewarding to help sellers in these situations.

You might be some answers here but local people will be better. 

Also, why do you think so many people are advised to get an LLC when starting in RE investing? 

The key is by leveraging OPM (Other People’s Money).Do you have private money lenders in your circle who might fund the deal in exchange for equity or some interest?

Congratulationswhat you’ve found that both the INVESTMENT side of real estate, and theBUSINESS side are very competitive; therefore profit margins are compressed, so those “home runs” people like to bragg about are actually quite rare.  

There's no step by step guide but there are key things : Learn: RE strategies, what interests you, what do people in your area need.Connect: find a mentor, accountability group and be around those doing what you want to do.Help: solve problems- do people need dealflow, property mgmt, construction expertise, etc.