Think I know a thing or two about REI.Most recent personal acquisition was in Polk County, FL : February 2016. 

My plan is to do a BRRR style acquisition (Purchase in cash, value add rehab, get online with airbnb and vrbo, then refi or delayed financing).

I'm not sure about the government owned acquisition, but its worth taking a look at.  

I work in the first mortgage realm, and have raised almost $2.00 million in joint venture funding for note acquisition.

Hi @Charles Kao,This is an interesting question.If the value is there in the property, the fee structure related to acquisition cost shouldn't be a big problem.If you can find a Hard Money Loan with an LTV based on your After Repair Value (vs.

Not being able to add value will slow your pace of acquisition but that is totally fine as well.Absent adding value, my vote is for #3, with #1 not far behind.

Wrong realtors, contractors acquisition people, etc.....Remember, trust but verify.

The Reverse 1031 Exchange allows an investor to spend all of the time they need to locate suitable replacement property, perform their due diligence, and close on the acquisition of the replacement property before they sell their current relinquished property. 

go to work for a commercial brokerage if you want to get into income property.. or get a job with a commercial developer helping them lease or do site acquisition.. skip the mentor part.. you will just work for free why do that.

Hi all,I recently read a great success story by @Huy N regarding a deal he carried out in Texas and it made me realize that reading success stories is a great way to reinforce the awesome power of REI.Recently I wrote a blog post about a deal I closed on a triplex and while I don't want to go through the details of the acquisition if you'd like to read more - please do so here.