Quote from @Edreco Amosco Amosco Amos: Hello BP community,I am fairly new to real estate.

I'm still new to real estate investing but I'm open to feedback  @Jade FrankIt really depends on your long-term goals.

I have been following the Real Estate Investing industry for a while and just recently decided to put my focus into it and implement a plan I had in mind for years.So I went down to Puerto Vallarta I put together a team of local realtors, brokers, contractors, property managers and a lawyer. 

They could finance both the acquisition and repairs, and their loans often have longer terms compared to typical hard money loans.For your situation, it might be worth reaching out to local real estate groups or attending networking events where you can connect with lenders who understand the needs of smaller, rural investment deals.

If you spend the entire $300k restoring the property, then here is the end result:- deductible casualty loss of $50k- no current tax- the restored property has $0 basis and cannot be depreciated- when it is later sold, the entire sale price is taxableMechanics and reporting are tricky, and I would not recommend to DIY it, especially since my scenario is over-simplified, and your real scenario is likely to involve more gotchas.Thanks so much. 

Hunt down a book - "Investing in Real Estate with Lease Options and Subject To Deals" by Wendy Patton.

Curious to know opinions from real estate agents, flippers, developers and anyone in the know regarding what home buyers generally would prefer.

@Nicholas Nocella - Congrats on starting your real estate investing journey!

I started my career at 19 or 20 years old getting my real estate license.

Oregon is a prime region for seller and creative financing on real estate transactions.