I learned a ton during this process while being able to take some intentional steps to protect my client.I'm going to do my best to explain this without divulging specific details, as I don't believe in having anyone shamed and I do not intend to break my clients' right to confidentiality.The property in question was less than 1 year old, built by a local builder who held full ownership free and clear of any debts. 

Hey Martyn, we are in the process of moving closer to Ten Killer and was curious if you have found any local meet ups for investors?

Bring a local GC with you when you go so they can get a rough idea of a bid for renovation.

And by turnkey, either going through a turnkey provider company, or if you're in Minneapolis, I'd imagine there are local cash flow options, so you could just focus on finding a property that's in good turnkey condition so it requires less work.

Since I am not local and cannot have my boots on the ground I am looking at a turnkey who is local to this area.

I've already obtained a 5% down conventional pre-approval and am working with a local (Ann Arbor, MI), investor-friendly realtor to find deals.

Make sure the space meets local building codes and safety standards.Market Research: Research rental prices in your area to determine how much you can charge for the basement apartment.

As a local Realtor and investor in Branson, I've witnessed firsthand the ebb and flow of trends that shape our local real estate market.

You want an accountant who can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.Good luck in your search.

Many hard money lenders are hesitant to provide loans solely for land acquisition, and conventional loans have been somewhat limiting, especially for land deals.What is best strategies for raising private funds. come to some of the meetups locally in knoxville. our next one is literally called where to find the money and will have a panel of private money lenders and capital raisers.