Many investors use wholesalers or real estate agents who specialize in investment properties, or they directly target owners with distressed properties.5.

I agree that Tampa is not the worst (yet) but I believe we are trending in that direction.

The foundation was already approved, permitted and finaled years ago for a 3400 sf house, and its solid and I won't be building directly on the overhang edge; but rather back away from the edge a few feet to prevent any load issues all the weight will be on the longer sides of the existing footing.

If anyone has advice, feedback, or contacts, we'd love to hear from you!

Does anyone have any contacts to their acquisitions team and or their current buy boxes Companies below Cerberus Capital Management, L.PAngelo Gordon & Co.GoldenTree Asset ManagementFarallon Capital ManagementOaktree Capital ManagementI own one of the largest wholesale real estate company in Florida and we are newly into Texas for single family homes.

I’m not sure where to start or who to contact for assistance with this process.

You can surely buy cheaper properties and obtain the same debt pay-down, but now you've got 5x the head-ache, so right asset class is more about efficiency when it comes to debt pay-down.Tax shielding is similar concept in that more expensive properties directionally give you more building basis to depreciate, which means less net income to tax.

Oh also number one skill to develop regardless of the route you take is being able to identify and get in contact with motivated sellers.

While sophistication of your equity partners (private money lenders) will vary between residential and commercial, the principle of raising private capital is the same.You need to develop your own system which allows a constant stream of PML even when you don't need the funds and/or don't have an active deal under contract.For example; I raise private capital by offering free educational workshops for people with self-directed IRAs.

Hi Otis,Self-Directed IRAs (SDIRAs) can be a great tool for funding real estate deals, especially for private money deals.