Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/users Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing Check out BP Podcasts: https://www.biggerpockets.com/podcastIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

But yes...what you're describing could happen with select fact patterns.

You can even select a more detailed criteria search and narrow it down to a perticullar zip code.

We try to have a new rental rehab going at all times but are super selective of what we are adding to our portfolio at the moment.

Sometimes once someone opens a project up and sees what all needs to be done they just want out as they realize they didn't correctly assess the repairs or as others stated, ran out of money or realize they will.We bought a "cheap" house and then discovered that the renovation was going to be much more extensive than we anticipated.

Select lenders do part of purchase and part of rehab; as work gets done.There are local REIA groups and networking events; that meet up with informal settings; which gives opportunity to meet fellow investors in the areaGood luck and enjoy the journey

Here's a blog post to guide you in the right direction: https://www.biggerpockets.com/member-blogs/10850/84064-what-type-of-investor-to-be-when-i-grow-up-active-or-passiv2) Depending on the outcome to #1, find a niche within your selection: active or passive.

I'm a new REI from South Florida and I've made the decision to invest out of state. My primary focus is buy and hold investing utilizing the BRRRR strategy but the price point in my area makes it very difficult to fin...

Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

*For the purpose of this post, assume "investing" to mean "buy and hold large multifamily apartments", and "developing" to be large commercial or large multifamily (not single-family)*Investing and developing both require extensive market analysis to ensure that the area you plan to have property in is a sensible location.