My question is do I go forward with purchasing the property and deal with the higher insurance and potential hazard or is it smarter to walk away?

Asset sold was mainly transfer of client list and contracts.Does it make sense for me to seek out a note purchaser?

We've never used percentage-based criteria, like the 70% Rule, for purchases.

@Jerry Velezif a property is owned outright with no mortgages, debts or liens on it, then it can (potentially) be purchased on seller financing. 

I’m looking to raise $160,000 to cover the purchase, renovation, and activation of this new Airbnb property.

We are seeing much longer wait times on purchases to be cleared for disbursing funds than refinances.

On a Fix and Flip Loan, Max LTC is 90%, 100%Rehab, 90% Property Purchase on Value. 

Additionally, we have a decent amount invested in retirement accounts, which we plan to continue building over time.As part of the move, we’ll be purchasing a larger home.

Purchase price: $900,000 Cash invested: $15,000 6BB/3.5Bath 4000sf on 3.4 acres near several wedding venues.

You can find some 2 units under or around $250K but they have been sitting on the market for over 150 days which tells you its not a great deal if it were an investor woud have already purchased it 4 month ago.