The equities side is actually a hedge; you're really 67%-80% betting on debt. 

It's hedging your bets. 

You'll want to focus on securing a favorable financing deal at the refinance stage—ideally, you want to pull out as much of your initial investment as possible while keeping monthly payments manageable.A big consideration is understanding your after-repair value (ARV) and ensuring the rehab costs add value in proportion to that.

My initial reaction is that given today's higher interest rates I don't think $100k income will support an 800k loan because the loan payment on an 800k loan (30 Year Am and 7% interest)  is about $5,000 - $5,500 and your income is about $8,300 per month.

Hello Jason,Your best bet is going to be to track down the owner, or the owner's heirs. 

Best of luck to all you out there.How much did you pay for these 3 buildings initially and how many years did it take you to earn the money to pay for them?  

The initial condition report, tenant communications, and maintenance requests were properly recorded, proving that this issue had existed long before our management began.When the lawsuit came in, both the property owner and our company were off the hook—all because we had a clear, well-documented paper trail showing that the negligence occurred under the previous management.This situation reinforced one of the most valuable lessons in property management: Documentation isn’t just paperwork—it’s protection.✅ Always keep thorough records✅ Make communication traceable✅ Ensure maintenance requests are properly logged and addressedYou never know when good documentation will save you from a nightmare scenario.What’s the wildest property management situation you’ve encountered?

My first bet of advise to you is to read Gary Keller's The Millionaire Real Estate Investor.

Your best bet would be to have a FurnishedFinder account and used their "stats" page. 

@Pedro TorresBRRRing OOS - it can be very dangerous:(Too many newbies take contractors and agents at their word, when "trust, but verify" is extremely important.You should try to plan 2 trips for a BRRRR:1) Initial walk-thru with contractor(s), which you should video for documentation & accountability.2) Final walk-thru BEFORE paying out final amounts to contractor(s).