They could give you a 100k LOC and still have debt service coverage greater than 1.25 which is what many want.Feel free to reach out or drop me a line if you would like tips on how to maximize your due diligence for this project.

I hope you "pay" or at least buy a meal gift card for the contractor...they will remember that you valued their time and will be more likely to help you with a walkthrough again on the next project.Don't know how much DD money you put down (and it's gone now), but it's probably a small price to pay to avoid buying a money pit.Best to you!

I appreciate any comments or tips that anyone is willing to offer! 

If it matters, I'm in GA.Ill take any tips or pointers that can be given.

But it seems another option is they can gift the townhouse to us.

I would be very appreciative to chat or connect with anyone looking to network or share tips on the Kansas City market and/or STR market.  

What other tips would you suggest that would improve the overall results when working with a VA?  

Are there any tips to find out if a property is in a hot rental area with high demands.

I have now started analyzing leads and identifying some opportunities.I am looking for tips from any more experienced storage unit owners/investors on how you got started and what to look out for.

A little background: currently making 60-70k, saving $1000/mo (after IRA and Employer Defined Contributions Plan), currently around $10K in savings, trying to learn and save as much as possible for now.Do any of y'all have any information, considerations, tips or tricks for investing in North Dakota?