For instance, Charleston might offer higher appreciation potential, while Columbia could provide more consistent rental income due to its student population and government jobs.Before investing, dig into hyperlocal data:What are the average home prices in that neighborhood?

There is a decent-sized one in Michigan where many of these investors invest in non-performing loans and in many instances have to foreclose.

From there, most lenders will want at minimum a zoning permit but in many instances a building permit in place.  

For instance, wholesalers are solving the problem of finding a buyer.

In most instances it's the exact opposite now people line up to overpay now.

The work around tends to be instances where the investor is self-managing the construction or is collecting fees built into the development deals, but this requires fairly large total cost projects.I see you pinned Philadelphia, what neighborhood are you focused on?

In many instances it's because their incomes are lower. you're at $300,000, it is very difficult to get that kind of income from real estateYou can get there but it's not going to happen quickly and will take you a decent amount of time.

Could take some time but that is what is needed in many instances.

I've helped coach a few clients in Denver and Colorado Springs to do letter-writing campaigns targeted at very specific buildings or styles of homes they were looking for (lofts in downtown Colorado Springs, for instance, and new-build condos in the RiNo district in Denver).

So for instance, let's say Investor A is where your lender/broker is sending the paper, and Investor A has an overlay that includes PG'd DSCR loans in this definition, then your lender/broker may decline to close the 11th loan, even though other lenders would close it because they send their paper to a different investor.