There is so much that you can only learn from either doing it and making mistakes, or building relationships with people that are already doing it.

Also, as far as scaling - STR's require a typical 10-20k additional upfront to furnish the property. 

I can't finance it, and as far as I know I can't put it under contract and wholesale it, but I don't know much about wholesaling.

From what I gathered so far a low cap rate in this are is 5-6 high is 7-8. from what I gathered so far.Sent you a message as well.

I thought as long as the loan goes through without issue I don't really care who the lending advisor is so I didn't give it much thought.The home lending advisor that I end up working with is fairly responsive and we get through all of the initial loan process fairly quickly.

As far as the home prices - you also have to consider how low rates are right now compared with where they've been historically and where they might be.

My hope is that you are perhaps an overwhelmed landlord who might be looking to offload a headache.Someone who is getting close to being in a bad financial situation because of Covid or the rising cost of living.Someone who has lost all the equity in their home/is worried that it is in such poor condition that you won't be able to get any value out of it.If so, I’ve been doing a lot of research and I think we can help each other out.My goal is that by searching off-market, I will be able to find something within my price range and because the market is so high, you might be able to get more value for your home than you would normally.If this sounds like something that you would be interested in, I would love to hear from you!

My agent got it off market, seller was asking 275, I offered 275, they accepted, no one else had access to it as far as I know.

I would guess that most commercial lenders won't care...but that would mean I am speaking for them and this question is so specific right now we would just have to get you in front of some to find out. 

As far as moving in an occupied property, once you are under contract, you will need to have the owner/seller evict one of the tenants.