Buying 25% below FMV is tough in a market that has 5 times more demand than supply.

Anyhow, I'm curious if you have found certain materials or styles that tend to resonate better with buyers in specific markets, like more modern finishes versus traditional ones. 

So if you could gc them yourself, you could force some equity on the new construction deals and the new construction ones might be a no brainer.The other question I'd have is whether you're getting deals on the pre-existing homes.Ultimately, its going to be real tough to scale either one if you're paying retail because if you're buying 250k homes and putting down 20 to 25%, you'll run out of cash real quick. 

You point to contractors suggesting specific mortar materials being used but can you identify in the building code a requirement that these recommended mortar materials are utilized?

It's a tough market right now, this thread is to encourage those who might be going through a rough time in their business.

Even a 200K home (fairly low dollar in the FL market) requires a 40K down payment which is tough to come up with without a hard money loan/HELOC combined with a conventional loan which would then be tough to make any cash flow.

I started using "Atto" a few days ago for 2023 material participation logging and I like that it has a big red/green start/stop button.

Tenant also agrees to the following:-All drains, waste pipes, and plumbing are accepted as clear by Tenant at the time of occupancy, and any material blocking them after occupancy shall be repaired at Landlord’s cost, unless determined by repair person that such blockage occurred during the time Tenant controlled the Premises and due to some fault or negligenceCOVENANTS OF LANDLORD.

I love it when people withhold material information and yet want binary answers.

.: Thanks everyone for your replies, it's in NJ, approx. how much time it will take for foreclosure process and how much I should be ready to spend on attorney.Once we hire an attorney, he will take care, or I also have to go court frequently.I am asking because I  have a job, it's tough to get frequent off.Trying to prepare myself for tough time ahead.Thanks again.