I've brought in contractors just to walk me through what needs to be done and help make sure everything meets code and permit requirements — and it's been worth it every time.The equity we’ve gained from those kinds of projects (and then tapped into with HELOCs) is a big part of how we’ve been able to scale faster than we ever expected. 

The Wall Street Journal just flagged the biggest month jump in negative-equity loans in five years - half a MILLION homeowners now owe more than their house is worth.Boom-town darlings like Austin, TX and Cape Coral, FL are already off ~20 % from peak pricing, and the crash isn’t done.Translation for us wholesalers:They can’t list conventionally (agent fees would force a check at closing).They can’t refi (LTV blown out).They still need to move - job change, divorce, adjustable-rate resets.Why it matters:It's a perfect storm for short sales, sub-to’s, wraps—deals hobbyists skip.So, speed wins this wave, not bigger lists.How we’re surfacing these highly distressed AND motivated sellersFilter county deeds for purchases between Mar 2020–Jun 2022.Overlay current AVM vs. original loan balance → flag ≥100 % LTV.Cross-match with 30-day late payment filings to jump the line.We're working with our devs to monitor based on these rules - same way we track probates and code violations.

I asked for his contact so my realtor could reach out and he was totally fine with that and told me he’d give me the code to go see the house tomorrow.

I will do additional research on them and check the local zoning codes.

Houston and parts of Dallas also offer a range of submarkets with solid rental potential, depending on your investment goals.A few tips as you're building your out-of-state team:Your local agent or wholesaler is key—they’re often your eyes and ears on the ground and can connect you with trusted PMs, contractors, inspectors, and lenders.Interview multiple property managers to find someone aligned with your goals—some specialize in value-add, others prefer turnkey.Watch for red flags like overly restrictive HOAs or cities with aggressive permitting/code enforcement.On financing, a lot of out-of-state buyers are using DSCR loans for their rental deals since they’re based on property income instead of personal DTI.If Texas ends up being a good fit for your strategy, I’d be happy to share what I’m seeing and connect you with some resources here.Wishing you the best as you get started!

The larger area of Middle TN that encapsulates Nashville (Davidson Country) has a DOM of 47 (direct from Greater Nashville Realtors which also includes Cheatham, Dickson, Maury, Robertson, Rutherford, Sumner, Williamson and Wilson counties) while the zip codes specific to Nashville have a DOM of 29 (according to the MLS, Realtracs).   

I mean school districts, parking, downtown, where the parks are, the restaurants and shops, colleges, even the good sections of the bad zip codes.

Specifically, shoot for more than generic advice and look for people or firms with expertise in the product type, tenant class, and zip code(s) you’re after.

@Karinne Ovalles I don't know any more about that specific property, but there are several other duplexes available in the same zip code/area in that price range.

Here are a few tips to help you streamline the process:- Double-check local building codes early- Prepare clear 2D and 3D plans for submissions- Communicate early with city planners to avoid surprisesFeel free to ask me questions about permits, drawings, or how to avoid common pitfalls.