Sees a lot of off market stuff because he is a property manager as well.The toughest part about investing outside of your locality is finding boots on the ground that you can trust.

Negligent forest management, drug addicts, or illegals? 

Did you find someone to manage it or are you doing that yourself?

How do I go about finding the best banks or companies to get pre-approvals and is it worthwhile to get multiple?

for double closing you would need your funds to buy then sell it to end buyer at premium. there are transactional funding companies that can lend the cash for a fee.

I know it’s more difficult to sell this so I’m looking for a company or group of Investors that would be willing to buy as is.

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall loss.

Right now, I’m focused on finding my first multifamily property to house hack in the New London, CT or Greater Boston area.Goals with BiggerPocketsI joined to connect with experienced investors, learn more about financing and property management, and take action on my first deal this year.

Probably every dialer company has lists they can sell you.I think it is better to call yourself vs using cold callers. 

This idea dc is a company town isn’t really true & the company isn’t going out of business, 20% of the workforce is federal government, if they cut 25% of the federal workforce it would be 5% of the region and of course the vast majority are of these people would get jobs in the private sector, not to mention the government will probably have to rely more heavily on government contractors to fill gaps where the cut.