I agree with the excellent summary of @Stuart Udis   At this moment, and note that things change FAST these days in RE, there seem to be great ROI plays to be had.

If you’re seeking to follow the RE path, this will be the best start! 

Since we're just 2 points away, we can work with the borrower to do a rapid re-score.

We laddered the payoff waterfalls to re-deploy into different RE sectors or equities or whatever seems most attractive.   

Usually can be and those have to be re-run $1500--$5000--I pay $375 a run (meaning you may have both supply and returns that must be accommodated elsewhere in the house)Is there electrical in the wall? 

There may also be costs associated with setting up the accounting for the shells, and preparing inital shell formation meeting minutes, etc...You will also need separate bank accounts, and a war chest of money to defend them if/when needed.Ask your asset protection attorney vs salesperson for a quote on the cost to defend, and how much it will cost to move title to the shells.Find out if moving the title creates a taxable event for you with the IRS re.

There is an active Facebook Group and meet up called "CR Area RE Investor Meetup".Good Luck on your investment journey!

Others meet at events, RE meetups, or even through social media—whatever feels most natural.3️⃣ Vetting: Vetting is crucial.

Here are some of my thoughts: 1) they are work and have risk 2) in this hyper competitive RE market, there is not enough profit in the rehabs of most MLS listed properties.  

I realize that turnkey properties mean you can’t improve equity so a re-assessment would not add lending dollars, but is there a scenario where the numbers work?