You are in the right spot to start making things happen!

Some states require a long formal court process, during which time the person in charge (executor or administrator, aka personal representative) may have certain interim powers to sell real estate before distributing to heirs or beneficiaries.Other States make it possible to get a single court order distributing real estate to heirs or beneficiaries without the need of the lengthy interim (formal) probate.Still other States permit a really informal, simplified method of transferring real estate from a deceased person to their heirs without court involvement.Hence, you you've got to know the State, the basics rules for that State and what's required to purchase in order to know when the sweet spot to market to a probate seller is.

Oftentimes, a direct line to the owner is the biggest challenge.I'd be prepared to make an offer on the spot BUT I'd also be prepared to take things 1 step at a time.

Plus, it’s easier to learn and perfect your processes on cashflow properties because they provide an income cushion for any mistakes you might make.Looking at the Greater Toledo market, there are obvious cashflow areas, but what about the appreciation spots?

Bella Vista is a really great spot for a homeowner but investing there is tough.

We don't have that many properties for admin yet, we aim for properties that make at-least 60K a year in revenue, which has proven to be a slow crawl for our company and are not growing at the pace I would like.

When the time comes, if Texas is too far or expensive - don't forget about the Scranton market - that's a hot spot where a ton of NJ / NY residents to start buying affordable rentals. 

Hi Patrick,It sounds like you’re in a great spot to jump into property flipping, especially with your background in general contracting.

You picked a great spot to get into real estate!

@Wiley Strahan this may be a sweet spot for some of the small-balance commercial lenders we work with depending on where in OH (Rural is tough), and LTV being sought.