This exceeds what the property cashflows for the new owner, by the way.My point is, you create good deals by talking to all parties involved and solving problems.

Sometimes extra work is involved but usually worth it in the end. 

If I do not get enough calls pretty quick, I do a paid ad on Facebook targeting specifics that fit my property. 

Quite title is a long possess also that involves taking out newspaper ads. 

Each property is going to be totally unique in its costs, so I wouldn't limit your opportunities by focusing on one area, but rather on finding the property that best fit your numbers.  

Then do a decent interior fit out for under $100k.

You want someone that can 1.) articulate to you what you're signing off on; and 2.) will respond to your agent, everyone involved to get the job done. 

I initially thought I would loan money on a short term basis to a group that bought, rehabbed and sold properties, but discovered other opportunities once I networked with other local investors.With a variety of investment options, I met with real estate attorneys regarding required documents and to figure out what their involvement would be with each investment. 

He simply said that the halfway house he was involved in saved his life.

No reason to get the HOA involved.