@Chad Mitchell welcome to the forums, I'm in SD as well, happy to chat about your goals! 

This is very common.

What do they sell for, what are the common problems, are there different sizes?

We first planned to Fix/Flip 5-10 houses in our first year, which many people we shared this with thought to be an audacious goal. 

I'd want to understand your specific financial situation and your goals first and as a mortgage broker, I can check into options for you.

So, it ALL depends on YOUR goals. 

Or when stabalizing a property and one proposed solution does not work, use that as incentize to find another solution that will get you towards your desired goals.

Hey Fellow BPers! I'm diving into mid-term rentals and hoping to shift more of my units in that direction. I've got a few questions and I'm hoping you can shed some light on them, to help me streamline my approach to ...

Some vacation areas though, are saturated, making investing challenging to cashflow.As an investor, you MUST be patient and stick to your criteria. 20 years ago, it was common for an investor to have to make low offers (to make their ROI work) on 100 properties, to get 10 accepted, to close on 1 that made sense after an inspection.

They will tell you what you can afford and help you set some goals.