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

So far, the best deal I have been able to find is 5% down with no PMI (80% from Fannie and another 15% from a second lender).

I understand I wouldn't get the benefit of tax deductions, but what else am I missing that makes this a good deal? 

Where am I finding deals? 

Reach out to him he was great to deal with. $8900 is not profitable!

Since you’re already diving into BiggerPockets, focus on clarifying your investment goals (house hacking, multifamily, or BRRRR), building your network with experienced investors and lenders, and most importantly, taking action by analyzing real deals.

@Brett K. we manage in Class C areas, so have to deal with this a lot.Options:1) Boardup - pretty useless as easy to rip the off and advertises the property as vacant.2) Armor Guard door frame reinforcement with temp double-key deadbolts.

What you’re suggesting is not cash flow, it’s return of principle, giving her her own money back  If she sells with your deal.

Was that deal a multifamily too?

In my limited experience with a similar service, they will send you leads and even make offers but you still need to do your due diligence and make sure it's a profitable deal for you.