Respond fast, act decisively, and always keep in mind that another investor might be right behind you, ready to take the deal if you don’t.

The biggest thing I have found is that they are very task oriented and will follow instructions well but you have to coach them up to be able to make their own decisions.

You wanted feedback so you could decide on your course of action before the summer.Any updates as to your decision?

Be ready to make fast, decisive, and informed decisions.This post originally appeared on the BiggerPockets blog.

I spoke to the manager or whatever he is of Northpoint and he confirmed I was correct and the new manager was incorrect on the dates.When they decided to move out I didn’t know they moved out until I noticed that my smart thermostat in the home was offline and AEP told me there was a disconnect scheduled.

In your experience, how do you weigh each factor—like FICO, LTV, or prior bankruptcies—when making a decision?

Yes, because it will be a wise decision in the long term and when you move out and rent the other unit it will cash flow in the (+) positive.

Additionally, you may find that the pressure of the hard money loan will cause you to go faster and make poor decisions, or life could happen, and you could be delayed in completing the rehab.  

But all that 90% LTC stuff in 2021-2022 is likely deeply underwater.Your inference that the government is participating to mitigate bridge lender losses is incorrect.  

It’s definitely a tough decision and it seems like the market is hard to find any deals right now.