This Product has also got my attention and i'm looking to pick this up in the coming week or weeks once I can locate a lender servicing them.

Weather differs depending on where properties are located and even snow accumulation within the same geographic area will vary year to year.

Also, it often helps to connect with a local agent/do extensive due diligence on renovated/new construction properties to see what the property may sell for or appraise for (if doing BRRRR method) as that can impact the price you should pay.

@Sang Kim- thanks for clarifying you are trying to get a commercial loan ...this is a  completely different product than a home loan ...You still should be able to  locate and obtain a good commercial loan  without  having to pay any fees upfront  ( other than possibly paying for the appraisal after the  loan has been  approved )

Need a home, it needed work, price and location where pretty great.

They can take time with their search and be more selective about a property’s location and condition.

A lot of it has to do with location and time.If they are local owners looking at 1-2 LTR properties, I'll assist with identifying cash flowing/near cash flowing properties, assist them in the purchase as their buyers agent and assist with tenant procurement, listing, etc. but they can typically handle day to day management from there.Furnished properties, whether that be MTR or STR, are a lot more involved, as I'm sure you're aware of!

Personally that's why I like to sell such tenant buyers a 1yr extension, or at least present such.

Same with fill dirt - they can't deliver mud to locations, and we can't compact it nor test it. 

Also make sure to build on a property located in a desirable location with larger pop density and if holding for rentals, charge median rent for that market as lenders want to see a bigger pool of buyers/renters available to occupy/sell.