Look for properties in areas with high demand for rental properties and consider the cost of any necessary repairs and upgrades.Financing Options: Distressed properties can be difficult to finance, so it's important to research your financing options such as hard money lenders.

THENNNN SELL HIGH”they are allowing by their silence … “ Buy high and HOPE to sell higher”“ investing “ / risking $200k with $30 k out of pocket…and 4 - 6 months of time ( and now money out of play) to end up with a “ zero equity…. $100 cash flowing… “ DEAL???

On the flip side of that rents are pretty high and any homes that are more affordable sell quickly.I have been considering getting into developing but I would have to get partners to help with the financing.

Many people start out that way and would highly encourage someone to go this route if they are able. 

Also if you look at most posts here asking about collections most will advise to just let it go and focus on other things so if they burnt 1 person there is a high chance they burnt many.  

THEN I assign a confidence level for each line that I used to create a low estimate and high estimate.

High COC numbers?

I would highly recommend keeping up with all steps of the transaction as it moves forward so you know if there are any delays or problems.

If you can throw some of the excess income from the high season months at paying down your balances and lowering your credit usage you will very likely raise your credit score.  3) With a higher credit score and lower balance you could probably consolidate the credit card debt into a lower interest personal loan.  4) You need to analyze your listing and your pricing to make sure that you get more off season bookings. 

.$ Amounts can get fairly high especially considering that you can look at it as an LTV perspective (always overrides any other liens)