It's a very competitive market there.I think your 203k approach will likely be a leg up in deal hunting as you'll be able to take on an investment that needs a bigger scope of work while others might be looking for a more standard value add situation.let's connect. i'd love to help however i can

The key is picking the right neighborhood—some areas appreciate well and attract great tenants, while others may have higher cash flow but come with management challenges.I work with out-of-state investors and can help you analyze deals, connect you with the right property managers, and build a solid investment strategy here.

Did it really make me an expert investor who does all these deals they were talking about?

Hey there @Dan Wang - First off, amazing deal my friend! 

Wondering what the process looks like for getting a conventional loan for an out-of-state deal.

The key for me wasn't to invest in the 'best place' but to know a market so well that a deal jumps off the page when it appears.

And sorry that you are dealing with a vacant property for such a long time.

I use the BP Calculator to analyze all my deals.

What made you interested in investing in this type of deal?

I’m about to tell you about a deal that could have easily fallen apart, but instead turned into a $200k profit after a lengthy eviction process.