Prioritize education through online classes and local meetings, cultivate a network of experienced professionals, and stay current on market trends and rehab prices to ensure successful transactions.

Chelsea - I don't have an ownership experience at the moment, but I'm currently evaluating a deal that is a 28 unit and similar dynamic with weekly/monthly rentals rather than longer term leases.

Utilizing my online MLS portal, I negotiated a purchase agreement for the property in its current as-is condition, ensuring no disruptions for the current tenants.

I've done some localized studies and the numbers of owner occupied buyers versus investor buyers in several of my current markets are 10 to1 ratio and as high as 25 to 1. 

Meaning no part of the structure would be in the flood plain, rather built up to the current building code. 

Welcome Brandon - I have properties here in the wyoming valley.I am a native to the area.Scranton has many hoops to jump as an investor - esp. an out of the area investor.One is you'd have to hire a property manager if you do not live in the city of Scranton or within 20 miles of the city.Real estate taxes are high -that plus the current interest rate and ask prices makes cash flow an issue.You can find "deals" but please do your due diligence.Here is an example of a potential deal I am evaluating in the hill section of the city: 20 y/o, 2000 sq ft. 3b/3bath TH - Needs paint, new carpeting, and general wear and tear repairs after a 4 year tenant.

I currently am looking to invest in the Little Rock area as of right now and possibly the pine bluff area depending on the deal!

An estoppel just explains and clarifies the existing lease in place - lease terms, duration, and making sure the tenant is current with rent!

I understand the concept of hard money loans, but I'm currently navigating the process of applying for one myself.

One question I like to ask when I interview PMs is asking for their current occupancy rate, which I think is a key metric.