@Dave Foster ?

I'm confident about the payoff amount as I've been watching this for a month, but only recently came up with the funds.

Another out-of-town real estate enthusiast, using local comparables, estimated an After Repair Value (ARV) of $40,000 with high confidence.

No lender, DSCR or otherwise will write you a check for $3mm without a certain level of confidence that you will not run the property into the ground, since that is their collateral for the loan.

Builder confidence bottoming?

Before or after accepting:- Lower the sales price  or lower the sales price AND lower seller credit (only do this if you are confident in the sale)- find a value add opportunity (I've had situation where we put new roof on and split the cost 50/50 with the buyer via credits to up the home's value to meet appraised value).

I’ve done several live-in flips and have gotten confident at flooring, baseboards, and paint.

@Dave Foster ?

Once you have this team in place, you should have the foundation to invest in any market confidently while not being there physically.There are some great opportunities in the Ohio markets.

I never had much confidence in them so I only wrote their lease to last until the 28th of last month.