i went to big pitchfests suspecting they were pitchfests, got pitched at, didn't buy anything, and networked at those too.

For flips you not only have to buy the house up front -but also be able to afford to do all the repairs - the ones you planned on; plus all the ones you find later once you tear into things.  

I buy LVP, tile, etc at home depot because you can negotiate with them on price. 

Investment Info:Single-family residence buy & hold investment in Prattville.

We are able to borrow the money at 5%, however the lender also wants a small portion of cashflow (not equity) from each property we buy.

BUT you can mitigate that by buying outside of an HOA and a newer home which will give you more affordable insurance. 

If you get a mortgage, the lender will want to check surveys, appraisals, and title issues, things that don't always happen when buying owner financed. 

That means if you and another veteran apply for a VA mortgage together you can build or buy a property with as many as “six family units (the basic four units plus one unit for each of the two Veterans), and one business unit.”)My Take:I interpret this as possibly a mixed use building with 6 residential units and one business unit like a restaurant or coffee shop down stairs.

I'm a strong borrower so can likely buy up to 4M. 

Record high prices to buy a property and record high STR inventory coming on line seems to me like a very challenging situation to make the numbers work on a go forward basis… Anyone have advice?