We own our home on 50 acres free and clear in Taos County but my wife and I are interested in purchasing a favorable deal we found in the Cookson Hills of Eastern Oklahoma we both like.

Are there any specific regions or neighborhoods where you're experiencing favorable rent rates relative to property acquisition costs?

Each of you are putting in half of the down payment, but I'd consider agreeing to a 60/40 split of the net income in favor of them. 

I will continue to be transparent with the agents and go through the process according to the law update.We are working on all the backend processes, 2023 taxes, you know the flow.. and hope timing works in our favor.

I will agree that the terms/leverage may not be favorable with a lower score, but with experience you may be able to achieve 75-80% LTC with a low FICO. 

Plus the profits are favorably taxed.

Absolutely, it's a favorable time to buy given the current mortgage rates. 

These are areas where you can cash flow in Columbus because the rent-to-price ratio is favorable.

Hey mate,Sorry to hear about your troubles but it's not too uncommon.I've been in the turnkey biz for 10+ years now and have often been called the "bad guy" as we only sell to investors looking to purchase with cash.Many believe that because we only accept cash buyers, that we inflate the properties price which definitely isn't accurate.Quite on the contrary when looking back I feel that we under sold them lolWe can justify every one of our property prices with a CMA independent of our in-house sales.Whoever believes that financing a turnkey property makes it safe is wrong.Most turnkey providers or affiliates push the financing model (Even in today's high interest environment) to make more sales.They have "in-house" lenders or community banks that they establish relationships with and promise large volumes in loans.This in return get's rewarded with various favors and many are easily able to manipulate appraisals.Having flipped over a thousand properties, I know how easily an appraisal can be manipulated so for anything reading, "NO", financing a turnkey property doesn't necessarily make you purchase it for fair market value.To answer your question:When S#%@ hit's the fan like it did for you with this deal, I personally would always look to cut my losses and move on smarter and more experienced.Granted, over the years I have witnessed many investors buy 1-2 properties from my company and expect miracles only to get disappointed. 

It might be more favorable to wait until rates drop, and then more buyers will be in the market to meet your price.