It all depends on where the new electric panels have to be located , and how the house is wired . it could be a piece of cake , or a nightmare .

There are several reasons that someone would liquidate a home quickly, and a targeted marketing campaign like sending out mail pieces could put you in front of those sellers.

Glad to hear it worked out for you @Shawn FarisOne more piece of advice: when a tenant pays late rent, do not accept checks.

There is a significant value in the acquisition and entitlement of the right piece of land for builders and developers.  

Those are probably the biggest pieces, the rest is talking to other investors, surround yourself with these folks, build the relationships, run the numbers, get comfortable with the numbers, and start writing offers. 

There are 30 year fixed DSCR loan products which gives more flexibility and piece of mind then a 5 year balloon payment.

Looking through the numbers and data, the "missing piece" seems to be migrating to more direct bookings and weekday rentals.

Since you're wishing to invest out of state, having all these pieces in place can relax the nerves! 

Competition..However, most investors are not aware of off-market properties..But not any off-market, the undervalued ones.These Deals are gold..Most investors don’t know how to really get them .Some do direct mail , cold calling , chasing people down and begging for deals.And except to get those deals.The Thing is those deals are not on the radar for a reason.And to get those deals, there is a very simple set of requirements that need to be met and systems that have to be implemented .Once you know these requirements and systems, it's just a matter of executing them properly and with consistency..And the undervalued off-market deals will come to you.It really is that easy….I’ve getting off-market properties for over 3 years now without even working to get them.Like 2 years ago I got this off-market deal and it was just a piece of land in the desert .For real .And I took it for 20k.No one I know didn’t make fun of me.They call me stupid .But I trust the requirements and the systems.Now 3 years later this land is worth almost $700.000 ($642k).It's all thanks to the fact that I can find undervalued off-market properties..And no, I start with nothing and zero connections..But that doesn't matter, because you don't need to have the connections, to be a sweet talker or have millions in the bank.If you’re sick of finding deals .Then all you need to have are requirements and systems to get you off-market deals.But please just don’t think that cold calling is the way.It’s sad.I will write another post about the systems and requirements to get those deals.just be open-minded that there are systems to get off-market deals.And that’s why some investors make millions and some don’t .They have step-by-step systems that guarantee getting those deals.Thanks for reading,

Not sure any of this is important to you, but whoever you work with will be responsible for putting you in the single largest piece of debt likely you have.