Feel like you have a good basic understanding of the process...Just need someone who's done it before to help you get there faster with less wasted time, money, energy, and resources.

I'm a freelancer so I have time which I feel is valuable so I can add some sweat equity to whatever I do. 

In terms of yields, capital appreciation, and taxes.I was considering Dallas TX and Tampa Florida as of right now because I feel they're both strong markets and favourable tax situations.

I'd love to connect, ask questions, and hear recommendations of areas to invest in and professionals to work with.Please feel free to send a DM.Thanks and God Bless!

Feel free to reach out if you have any questions.

Hey mate,Sorry to hear about your troubles but it's not too uncommon.I've been in the turnkey biz for 10+ years now and have often been called the "bad guy" as we only sell to investors looking to purchase with cash.Many believe that because we only accept cash buyers, that we inflate the properties price which definitely isn't accurate.Quite on the contrary when looking back I feel that we under sold them lolWe can justify every one of our property prices with a CMA independent of our in-house sales.Whoever believes that financing a turnkey property makes it safe is wrong.Most turnkey providers or affiliates push the financing model (Even in today's high interest environment) to make more sales.They have "in-house" lenders or community banks that they establish relationships with and promise large volumes in loans.This in return get's rewarded with various favors and many are easily able to manipulate appraisals.Having flipped over a thousand properties, I know how easily an appraisal can be manipulated so for anything reading, "NO", financing a turnkey property doesn't necessarily make you purchase it for fair market value.To answer your question:When S#%@ hit's the fan like it did for you with this deal, I personally would always look to cut my losses and move on smarter and more experienced.Granted, over the years I have witnessed many investors buy 1-2 properties from my company and expect miracles only to get disappointed. 

Builder ends up screwing us over and we are out $250k which we are in the process of trying to get back.In the meantime, I'm trying to get a private or hard money loan to finish the buildsCurrent mortgage 273,000Rehab 1 - 150,000Rehab 2 - 150,000Current value for both places approx $350,000ARV $1,000,000 for bothPlan is to refinance and hold as STRI feel that these numbers are reasonable - am I missing something?

How do I get the rest of the group comfortable with investing in another market where we would need to source property managers, learn the area, etc?

I feel like I am maybe overcomplicating this, but I guess I am looking for some advice on how to make this happen any advice or ideas are wellcome. thank you!

I have gotten room by room leases to be used in this case but underwriters are not used to it so it does take letters of explanation to get them comfortable.