I'm feeling apprehensive about making a mistake and not sure where to start and really want to get specific on my strategy. 

But I feel very lucky to have been able to purchase three small investments so far.

I've looked through recent sales (trailing 12 months) to determine similar cottages with similar lakefront amenities, and although none are as small (most are 1000-1500 sq ft), I determined what I feel is fair market value based on cost/sq ft.

I’m feeling like Fajitas at Cadillac Bar and Grill.  

If you are looking for true private money (no broker fee or points) most will not lend at a high leverage. 60-65 LTV max Now if you have experience, plenty of reserves, and the deal can be 100% financed based on the ARV, then you can present it to a hard money lender and they may feel comfortable doing it. 

Feel free to reach out! 

If you have any questions about financing feel free to contact me. 

I love talking finance so feel free to hit me up with questions

Dump trailer, Air Compressor,, 18 gauge Brad nailer, framing nailer and 25 gauge pin nailer, sledge hammer, contractor grade trash bags, gloves, eye protection, ear protection, plastic, painters tape, frig tape, list continues, about 100 more but my fingers are getting tired. 

Of course when you look downtown the home prices get much higher, however, there is a historically redlined area, that is still very close to downtown, and just because it's on the west side of the freeway and houses are less taken care of, you see homes for less.Developers are quickly snatching up properties because of this reason and because recent zoning laws have done away with single family zoning, so I'm feeling a sense of urgency to get into a home in this very specific neighborhood.I'm not a super personable guy and feel strange knocking on doors, so I started digging into delinquent taxes.