I am considering getting into this space (looking at some courses), but worried that its too late, and that deep local market knowledge/understanding of buyers/connection with developers etc is required to make this work, which only incumbent/long term investors will have and would be hard for a new entrant starting from scratch to catch-up...is my hypothesis valid in your opinion ?

Get ready -- I'm sending you a connect request!

If you decide to buy in the area get in touch with me, and I may be able to give you some connections up there. 

Explore off-market deals where competition might be less intense.Don’t get discouraged—success in these markets often comes from building strong connections and thinking creatively about deal sourcing!

I'd love to connect and help you out.

I focus more on connecting with investors who already have deals in the pipeline or are looking for deals but need funding for their deals. 

Minor drawbacks, it needs a better phone support system, I use a VOIP.that connects with Zoho and could be better.

It is correct that there is no limit, but some of the aggregators and securitizers who purchase these loans post-close have exposure limits, such as $10 million in unpaid principal balance.

I have an idea for you, sending a connection request.

I'm particularly passionate about single family home.Outside of real estate, I enjoy mountain biking, hiking, riding motorcycles.Excited to learn and connect with you all!