I bought a non performing note, the borrower sold the property sub-2 where the new buyer reinstated the loan but because of the transfer I am calling the due on sale clause.

The IRS expects your cost seg report to be "factually intensive", "supported by corroborating evidence" and performed by a "qualified individual.”

It might help you out if you're a hammer swinger type guy who can produce workmen like quality results versus homeowner DIY results.Someone who has been in this business for awhile , and brings a lot more knowledge , and contacts to the deal we'll have a lot better chance at performing a turn around on the property then to someone who is new and inexperienced. 

I give all the feedback and help for free.. they just have to perform..

A lot of people are better at interviewing than job performance. 

The approval process is primarily based on the property’s cash flow, not you as the borrower, which can make it easier to qualify, especially if your rental property is performing wellAs far as terms, some lenders can go up to 85% LTV for rate term refis and aquisitions.

I do a ton of BRRRRs in my market so I refinance into DSCR loans which are slightly higher interest rate but it is solely based on the performance of the property. 

My plan was to "self-perform" a land contract by filling out a purchase and sales agreement for a land contract that specifies I will take over the mortgage payments, get authorized on their mortgage, and be authorized essentially to fix up the property and eventually sell it on the MLS since the land contract will give me that control/equitable interest.

I have 3 performing STR's in Central Florida and spend less than 3 hours week managing them.Now if you were to be an underwater welder with zero access to your phone for several hours a day, the solution is simple, you hire a manager!

Sort by revenue and check out the listings of all the top performing properties and see what amenities they are providing.