To overcome these challenges, many borrowers focus on building strong communication with lenders, providing clear and detailed exit strategies, and ensuring thorough due diligence on the property.

These strategies, when combined with solid due diligence, can help structure deals that might otherwise fall through.

To add to the intrigue of this situation, the Owner has recently (June) purchased another residence in another township in the county (found as part o my Due Diligence), so they may be looking for an exit strategy for the property listed on the Upset sale.  

A failing I see in BP participants, which cannot be corrected is proper due diligence.

There are many things we can't control even if we did our best due diligence.

It could be a great deal, you just really need to do your due diligence. 

Unfortunately, in doing some due diligence, I uncovered some unsavory reviews (see below) that scared me away.  

As with any real estate investment, thorough due diligence is crucial.

However, consider:Higher debt and monthly paymentsIncreased personal financial riskPotential need for personal guaranteesAdditional Advice:Conduct thorough due diligence on the property and local marketHave contingency plans for various scenarios (e.g., lower Airbnb income, longer renovation time)Consider professional property management to reduce your workloadEnsure you're compliant with all local laws and regulationsFactor in potential capital gains taxes or other tax implicationsRemember, while the potential returns look attractive, real estate investments always carry risks.

Proper due diligence will reduce your risk, but it won’t eliminate it entirely.Personally, I like value-add opportunities because they build in equity from the start.