Serious question for the investors in here.With rates where they are and sellers still anchored to 2021 pricing… what’s your minimum standard before you even consider writing an offer?

Are there any investor meet ups in The Ann Arbor area?

Any STR owners or vacation rental property managers here with waterfront properties?
What kind of safety policies do you have in place?

-- Signage? -- Ladders on the dock? -- Life vests? (If so, right there or e...

Sean, thank you — nice to meet you as well.

Quote from @Jim Godwin:Please Send me your info your meet up.

You might also want to attend local real estate meetups or networking events to meet fellow investors in person.

It’s a great opportunity, but it requires some upgrades and repairs to meet NACA’s standards and my own goals for the property.The Problem:Every time I try to get bids, the moment I mention that the funding is coming through a NACA renovation loan (HAND), contractors back out.

The commenter is right that standard mileage usually makes more sense for your situation.

Do I ask for more information about the cosigners to see if they meet my prescreening criteria?

There are a few stipulations that tend to be a bit tougher to qualify for than a standard HELOC, but if you can get it, it is as advertised.I have a local bank in Omaha that has two of my rentals combined on one First Lien HELOC, but they don't work out of state.