Also, make sure the property's condition matches what you're willing to take on, or that the numbers work for you.4. 

I've never had to use hard money before, so I am not sure what type of conditions are reasonable.

@Saul Vargas, to piggyback off others, sourcing a traditional SFH rental that meets your underwriting criteria will be complex due to interest rates and market conditions.

It's a range and depends on the property type, location, end condition and rental strategy. 

Overcrowding can strain plumbing, electrical systems, and air conditioning, leading to expensive maintenance issues.

What type of condition?

.👀 Risk ManagementBoth investments require risk management:Stocks: Company performance, market conditions, economic factorsReal estate: Property maintenance, tenant quality, local market changesBut guess what?

They will also accept conditions before the appraisal is done. 

Factoring market conditions at the time of refinance, I negotiated a lower rate and conceded a lower term anticipating rates to normalize in the 4%-5% range by 2026.

What's the condition, what's rent potential, is it in appreciating or depreciating area?