Win win scenario.

Quote from @Wesley W.: In your long-term rentals, which do you prefer and why? 

Small wins are better than none.Realistically as an investor you should get comfortable with the idea of adding some value to the property to "make" a good deal because oftentimes that is necessary.

If timing is critical and being able to pay cash will "win" you more offers, then you could always do a delayed finance purchase where you buy in cash and refinance into a LT DSCR rate.

Why not be more supportive of new investors that are excited to share their wins and experiences!

But I was able to create a win win for all parties and close the deal.

Lots of good advice above. 98 percent of wholesalers don't even know how to evaluate rehab costs and have no access to get the true ARV and don't care either way, they are just trying to make the biggest spread instead of finding the best win-win scenario.

Celebrate your wins.

Plus, if the area continues to appreciate, you're winning in the long run.Using the funds:Improving your current condo to rent it out is smart.

It isn't a ton of extra work for us to manage an IRA vs regular investor, but eliminating government-mandated paperwork (that adds no value) is a win.