Here's a chart from ShowMojo based upon the thousands of properties their clients use their system for:Not sure how any landlord or PMC doesn't understand that DOM are affected by the time of year and it's taking longer to find tenants than any time since 2018!

Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes. 

More than likely the PM wasn't aware of the costs as most PM's don't understand project management.

I understand it is linked to a bank but was having trouble discerning how it imports outside transactions not from the partner bank. 

I understand that with traditional mortgages, it is unlikely to receive lending that incorporates speculative renovation costs.

I understand why some people may not like this... but for me, I don't want the hype and platform sales. i want real usable content.

As I am new to this and looking for cashflow using rentals, one key aspect of this investment is to ensure that the unit rents out quickly and while I do understand that cash flow to begin with might not be attractive, it can be a good investment in the long run if the location is right(as appreciation also kicks in).

Wants what he thinks is a market price for something but doesn't understand the albatross he has created over the last 20 years. 

I fully understand there are consequences for my mistakes and I own up to that.

You are correct, local banks would go in and sit with them and go through rates and financing and understanding the payment.