@Kayenta Saucier - I wouldn't say it is a great deal or a bad deal.A lot of us still try to use the following equation.Maximum offer = ARV * 0.7 - repair costs.  

Currently there are a ton of buyers pouring money into finding deals off market and it's tight any where in the country.

My Dallas property has been one of my best investments, but it's only been about 9 months. 

The main thing is making sure your investments produce a return that outweighs the cost of the borrowed money.A full cash-out refinance could work down the line, but with rates where they are, you’d be trading a 6.25% ARM for something likely higher, now that it is not an owner-occupied property, which may not be worth it unless you really need the capital to scale.

They have a loss of income protection, etc.

Quote from @Brendan Jones: For the homes, and or properties that you will use as a primary or a rental property one big thing I look for is infrastructure in the area, extrinsic value (I.e. hospitals in the area, schools, and job market), and the last thing is creature comforts for people (I.e. is a store to get groceries 1 hour away or 2 minutes away).

What made you interested in investing in this type of deal?

We have a potential buyer of a lot in St Augustine, FL who would like to build a new single family short term rental.

Building the right team is a great first step—wishing you both success in finding your first property in Baltimore.Welcome aboard and best of luck investing!

The lender is getting a 2nd large asset (your crypto) to secure only an additional 20-25% of loan value.