When you patch things for a temporary fix then you tend to have ongoing issues in early future years.

I'm excited for the opportunity to be apart of the community with BP, I reside in the state of Virginia and started my investment journey many years ago at 22 doing fix and flips, I stopped when the market crashed in 2007/2008 and didn't like the way the market looked and I left the investing world, I became a mortgage loan officer, and then processor and later underwriter and learned the backend of the conventional lending world.

We had a laptop with bluetooth connection so they get the readings.

If you're looking to do a fix and flip or something like that, there's no reason why private lending couldn't work for you.

I believe the upside value is $400K once fixed up. 

Looking for guidance on options. new builds aren't hard to finance and I would argue they are preferred to existing fix and flip loans, especially if you have experience. banks look at your experience, your builder's experience, loan structure, permits, etc you need to get an experienced builder familiar with advanced underwriting and negotiations with local, regional, and national lenders. in columbus we do ground up construction for clients at a 20% discount so they can BRRRR out of the new build with equity and we have pages and pages of data on what we build and why and it's all supported by market statistics. 

There’s different ways to structure the prepay.5 year option (5,4,3,2,1) (5% fixed) (6 mo interest)3 year option (3,2,1) (5,4,3) (5% fixed) (6 mo interest)1 year option (1%) (5%) (6 mo interest)These are the ones I work with.

I'm curious to know how often property managers actively suggest value-add activities for properties (ie, building an ADU, remodeling, buy-fix-hold opportunities etc etc). 

Live there for a year while you fix it up.

My friend knows just about every contractor within 2 hours of us and can likely fix small problems that come up.