Typically the loans are for less than a year and they require speed for the flipper to be able to offer a quick close. 

I’d appreciate any feedback from those who can offer advice, but I’m also curious about what specific type of attorney or local resource I should reach out to for guidance.I’ve seen references to the Garn-St.

they usually say stick it in the bank.. so you can offer them a nice return above bank CDs and on an asset they already know and like etc..

They are asking $375K but not getting it - so not quite $20k underwater from asking but they're offers so far are around $350k and lower.

Markets like Tampa, Orlando, and even Jacksonville offer good cash flow and growth potential without the extreme price tags of places like Miami.Happy to chat more if you want to dive deeper—let me know how I can help!

The insight about ARV being influenced by nearby single-family properties is gold—makes total sense now.Right now, I’m just exploring Sacramento and trying to learn as much as I can.

.: Quote from @Chris Seveney: I frequently see sub2 deals on FB and other sites and out of curiosity I look at what they are offering. 

I was sent an offering memo by a broker selling a multi-family building in an area no reasonable person would even consider affordable housing material yet the marketing materials made a point of emphasis to detail how the property would satisfy the need for affordable housing.

What other information would an investor want to see before making an offer on this?

Thinking of offering seller financing deal to him.