@Matt Ference we have run into a lot of issues with FHA this year on listings, but most of the issues are fairly easy to resolve if you have a good team.

Very smart to start assembling your 203k Team, which will consist of the REALTOR, lender, 203k Consultant, and contractor.REALTOR needs to not be afraid of the 203k and excited to use it.

Hey Ryan,I need to tell you that even right now you can have cashflowing and high upside deals in an emerging market... it requires serious market research and networking, many trips to the market, establishing local connections as an outsider to build your management team and get the first look at deals, finding the right people to build your property management company and represent and promote your brand, establishing relationships with banks and identifying the best financing options and applicable grants, and designing/building the value adds that raise rents and property value.

Hi Folks,We're purchasing a twin in Bethlehem and looking for team members to provide costs estimates for some inspection items.

If your goal is a large syndication, I'd focus on building a team and trying to add value where you can.

If you don't have the right team on the ground in the other market, you could make a bad buying choice.

We are now looking at our 2nd property and quite like one in the Ithaca area (about 25 mins from our existing; helps us keep the same team). 

Joe Hammel with the FIRE Team.

What it will ultimately come down to is understanding your risk tolerance, determining your goals ( ROI, minimum cashflow etc) and building a strong reliable team. 

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Andover.

Purchase price: $290,000

Cash invested: $75,000

This is me and my wife's very first deal !

What made you...