During the months of searching for the perfect property, his has decided to move out of state, closer to family.

Ask to speak with some of their current owners and current/former tenants.

You will need to look at all the numbers in your underwriting spreadsheet (let me know if you need one) in both scenarios to decide.

Interest income is interest income, unless you decided to roll some of the current cash into a self directed IRA at which point your interest income would be deferred for a later time and allow your funds to grow tax free.

In speaking with our insurance agent, we decided not to make an offer.

Since the repairs were two owners ago, I would think the town may be a little more lenient with you.With the new kitchen and bathroom, were they existing and just got renovated or were they added on?

I have my second flip under contract and I decided to give Capital 360 a chance to finance this one. 

Hoping that someone could provide some guidance on this so I can decide how to proceed?

Owners are unloading their STRs due to over saturation in this market.  

You've done well with having options, now just need to decide and get on the same page.