She wrote the original book on MTRs (American Nomads) and she has a bunch of checklists and tips on how to set up and operate a successful MTR.Whatever direction you go, I wish you the best.

I'll add some nuance at specific points to the process you described above...2) Follow through with hard money lender to pay cash for property and renovations with agreed terms3)Purchase property4)RenovateIn general, a HML will provide some portion of the purchase price and then 100% of the renovation cost on a reimbursement basis.For example, a HML may provide "80% of the purchase price and 100% of renovation cost".What this essentially means is that they provide 80% of the purchase and then you outlay the initial renovation cost (typically done in a draw fashion). 

And I'm a contrarian and a fan of great American cities and I wanted to see if they're are opportunities to "buy when everyone else is selling."

So what you're telling me is, you built a website, and through old fashioned networking/good credibility and a very well built website you get all these leads?

My obligation is to provide clean, safe housing that they can call home, and take care of issues in a timely fashion as they come.Yes, there are some special circumstances but they are very very rare.

Be likable, be professional in your demeanor, dress in a business like manner- business casual when you are in public (It will open more doors for you than if you dress like the other teens in mod fashion With mod haircuts).

Finally, I assume that you're American and it's likely that all your assets are in the US.

Can go from $25 to $500k…large line.Frost Bank, in Texas only.CALIFORNIA: Bank of Southern California, Bank of West (BNP Paribas), Cal Coast Credit Union, East West Bank, up to 60% LTV with "no docs” San Fran, First Republic, Fremont Bank, HSBC, Quorum FCU, Silvergate Bank,UTAHMountain American Credit Union and America First have great rates for HELOCsAmerica First will do a HELOC on an investment property in Utah.

You can check if the lender is registered with the American Association of Private Lenders https://aaplonline.com/member-... .

Many of prospective buyers seeking finance on my Socal properties tend to be the old fashion type that are not interested in such venues as lendingtree nor eloan that tend to hook them up with a long distance over the phone/email broker, and prefer a storefront office to sit down in with a broker to practically hold their hand through the app/qual process.