In the TK model though, you're underwater day 1 right? 

However, many sellers will not accept an offer subject to an appraisal. 

The LLC sells the subject property and buys, for example, 3 replacement properties in a 1031 exchange. 

Although many properties with a specific zoning code are technically eligible, they would be subject to an extensive waitlist that could last years.

The use case is very important for assigning a subject matter expert.

After only reading your subject line, I was curious why you were targeting Canadians.

If he feels he still has rights to the rental and the deposit, then that also means he has responsibilities for the damage and is subject to charges.

.- Creative Financing Solutions:Options like subject-to deals, seller financing, and syndications can lower capital requirements and increase your purchasing power while providing flexibility for properties with complex financial situations.4.

Your subject line has STR and then your post references $35k (combined NOI, I'm assuming?).

I do single family "off market" that I take over with owner financing, subject to, wraps and lease options.