Mary,I would suggest working with a company that provides all of the pieces to the puzzle - Foreclosure, rehab team, attorneys, boots on the ground.

We know and trust a team in the area that can handle construction and  property management, etc.

Typically, if people don't want to list on MLS during a seller's market, it means either the property is not likely to qualify for traditional financing, which could work in your favor, or they want more than the property is actually worth and can't find an agent to agree on a listing price, which could be a major barrier- you might try to see if you can find this info out.

Hi Adam,We are a father son team with over 30 years of experience in fix and flips.

How do I build a team? 

Hey BP,I have been thinking about starting my own real estate team but I am concerned about lead generation, marketing dollar, and getting agents to join my team. 

Your PM team should be the part of the nucleus of your out of state investing team.

@David EpsteinThe IRS has consistently ruled in favor of NYC coops for 1031 exchanges.https://apiexchange.com/new-york-cooperatives/

Request the tenants leave, flip to 3 bedroom, and rent to new tenants at $986If I convert from  2 BR to a 3 BR, I've calculated a payback period of 2.3 years... here's the high-level of how I came to that number:Annual Opportunity Cost:3 BR vs 2 BR Rent = $2,790My Time (expect less needy tenants) = $1,183TOTAL OPPT COST= $3,973 <-- This is a favorable numberCost to get unit ready as 3 BRTotal to flip = $7,551 (includes paint, new floors, converting basement to bedroom, etc)  2 Months lost rent = $1,510 TOTAL UPFRONT COSTS $9,061 <-- This is an unfavorable numberPayback Period =  $9,061 / $3,973 = 2.3 years (Note if I'm conservative in my nubers, this becomes 3 years)Couple more things to note, they're set up on re-occurring payments and have not missed a payment.

Maybe team up to get something bigger than we can do independently.