How do you get paid, Is this an under the table kind of situation or is it something to add as part of your business cash flow.

When the housing market became seller friendly, I unloaded 5/6 of our long term rental units, paid off our house with that and invested in stocks and mutual funds…completely no fun, right??

Also Seller hasn’t paid property taxes in 2 years which is a sign the property is in distress.

Your mortgage company gets paid off first and then it's up to the homeowner to secure a construction loan to rebuild. 

However, if I sell I won’t have to pay out of pocket, in my 2.5 years I have paid down and my property has appreciated enough so that after all repairs the realtor estimates I’ll make 50k.

Not if insurance paid for it.

Work with someone who can guide you or just accept that your tuition will be paid through making some costly mistakes which is also legit if you can afford that :-) Good luck!

I was hoping you'd say that you'd keep making the underlying payment even if you weren't getting paid. 

Signed and paid for appraisals 12/10/2021.

and also, what is the pre-payment penalty on the DSCR loan?