We do not use the credit score, we use the information on the credit report to gauge how long they have lived at addresses and what kind of judgements they have.

I have a relative that has some flipping experience (2 successful flips) kind of mentoring me along.

@Sara Habtom it really depends on what kind of investments you are doing.

Sometimes those small gestures can save you headaches when construction dust starts flying.I’m curious... now that you’ve pulled off this deal, how would you approach finding your next project differently, and what kind of local contacts would you prioritize connecting with first?

My Questions: - Has anyone dealt with this kind of appraisal discrepancy during a refinance?

If they replicate that kind of profit reliably, what would they need you for? 

Since they're low income/tax credit, they just don't make the kind of money needed to pay those huge premiums.

@Kyle Knudsen  I agree with Denver, with a 1031 you must move all the proceeds to a new "like kind" property. 

If you are serious about scaling up a cash flowing portfolio you honestly need to move to a state that has that kind of inventory.

As a result, this isn’t the kind of market that attracts top-tier PM talent.Your best solution might be to either:1.Take on self-management if possible (and if you’re willing to put in the time/effort).2.Find an individual you can trust to handle these properties, set up very specific instructions and processes, micro-manage them initially to ensure standards are met, and compensate them well to make it worth their while.This approach requires more oversight on your part but can yield better results in markets like this.