Do a bunch of research.

I was looking for a single family residence for me to potentially start a family in one day.

Hey, everyone looking for some advice in regards to financing a potential flip.

We have been reading, researching and listening to podcasts for quite some time now.

No surprise, but most lenders won’t touch a DIL.On the other hand, some lenders also flip houses or hold properties, so if the home is in good shape with equity or the potential to drive equity, they could be interested in owning it.

I plan to research more on the MTR space.

Navigating STR regulations can be challenging, and I'm considering potential locations in Vermont, Rhode Island, and upstate New York, specifically around Syracuse or the Jay area.

If it's an opportunity - regardless of the size of the property - it's an opportunity.Start kicking the tires...the market will tell you if you can do what you're thinking about doing.Best... we have indeed started looking around with the help of a realtor and got pre approved. we also have a basic cash flow calculator and research done on the areas we want to invest in.We came to our senses when the almost all calculations were showing negative cash flow due to higher interest rates and property prices.

Most of these homes are "as is", so if you aren't very familiar with the costs of potential problems that you can't physically see (foundation, septic, etc.), this may not be a good place for you to source. 

By investing in quality renovations, I hope to enhance the value and appeal of my home, as well as potentially lower my insurance costs.Strategic Renovations to ConsiderAddressing Four-Point Issues: I've addressed the issues that needed to be rectified before obtaining conventional financing.