Thanks,BrettLocal PM here - happy to help identify investment opportunities, provide investment analysis and connect you with contractors, agents, lenders etc etc. kindly let me know and I'll help in any capacity I can.

@JD Martin agree 10,000%What I am surprised about is I had a call with someone in Austin today and in sw Florida and they both said things are awful and prices are dropping at high rates - curious don't hear as much chatter here about that as it could be an opportunity 

A lot of hosts I know use pool fences, safety signs, and provide life jackets to help reduce risk.

Loan to value ratio: The higher the loan to value ratio (LTV) is, pricing takes a hit.

We are asking the current tenants to leave as the property is not in optimal condition we like to have our rentals and we would like to fix it up to increase value and rents.

Rates are high, usually in the high 8s or low 9s, and you may pay 2-4 points on the loan. 

How did you add value to the deal?

and the property had a private dwelling value appraisal much higher than the public property appraiser claims. 

The underwriters will be looking at similar property condition requirements (c4 or higher) of a conventional loan (no deferred maintenance or safety hazards which would affect value).  

There, we can provide you with the necessary information in order to list your property."