Finding a distressed property at a great bargain seems to be pretty tough, I am only going off info I have received from local forums.

I think it would be safer to do a HELOC on your primary instead, keep your rate and do 10-20% down on a hard money loan with 100% rehab financing.  

I generally like to see 12-20% CoC return, but interest rates are making that tough to find now.  

I picked up three good deals in 2022, in a very tough market, as all of the numbers made sense, even though we went into the year saying we weren't going to acquire any more.

@Cody Thayer - this is a tough time of year to rent out vacant properties - It may not be that there's something wrong with your property. 

@Adam Styles this may sound a bit harsh, but consider it tough love: if you're looking to "team up with investors", you'll need to put more out there than 1 sentence, and you'll need to put your best foot forward to show how you're going to bring value to the table.No experienced investor will have any interest in teaming up with you until you learn how to present yourself to them in a way that demonstrates the value you're bringing to the table.

A year ago, getting loans for $50k properties wasn't so tough, today, it is a different market and many lenders simply aren't lending on property values this low anymore. 

Trying to do it the "right" way is very tough.

Being both a part timer and flying solo would probably be a tough position for most.

Money is tightening up anywhere (I read something about bonds being pretty lucrative right now, safer bet).