As one flipper I met explained to me, they look for deals where they make $50k or more, but they admitted that they get more deals from their network than they do from direct mail.My recommendation is to look at an area that has an average sale price that is lower or medium of whole area, and look in that area through the RMLS.

The object of that exercise is to minimize change orders ($$$) and to be sure that all three contractors are bidding on the same specs.

That could explain the cash requirement.

However, try to keep on blinders when it comes to shiny object syndrome.

Can you explain how this is a niche and what kind of tenants would sign up for this knowing they could be evicted any day?

Shiny object syndrome is very real when it comes to real estate investing.

Would you be able to explain how to structure a private money deal?

But I don't know the market very well which is why I'm asking.I know that "B neighborhood", "C neighborhood" are terms that get tossed around a lot and there isn't exactly an objective definition for them, but just hoping to get some feedback.To contrast, here are some photos from a completely different neighborhood in Texas that I happened to be looking.

@Eric R Stofa Can you please explain what you mean by having the covenant removed from your title report?

I think you can explain and discuss those additional options once you have received their call and are getting to know their situation.