Labor costs are high though- as a GC I'm in the process of transitioning from building for others to building for myself.

I am very familiar with the ''Subject To' process but it is not for everyone as the seller is still resposible until the loan is paid off. 

I would have the Ohio lien release forms filled out ready to be signed in my coat, a notary lined up to verify his driver license (your lender has a gal who will wait in her car at 6:30 AM for $125).

I then spoke to the department of buildings (DOB) who told me that it will only cost about $200 and some time filling out paper work to close the open permit.

Hey @Manoj Chavan welcome and congrats on getting started in real estate.I can't speak much about NY, but would be happy to have a call and fill you in on what to expect in Orlando.

You may have to discount the rent a bit more if you want to fill it fast.

@Paul SofiaThat is a truly large ask from a biz broker it is a rather interesting community with a lot of characters and certainly not filled with a ton of amazing and trustworthy operators. 

Am I going to self-manage the process?

(lender specific)The preapproval process should be a breeze if you have someone who focuses on these products and services.

@Anthony Bradshaw Hi, I’m new to the process as well.