I'm in a team who does these deals and we have a team of "door knockers" who go back weekly till the auction, they file bankruptcy which only delays 3+/- months 100% chance that the lender will as that their mortgage is removed from the bankruptcy they file NOD yet again.   

The structure would be a 75/25 profit split with projected returns of 10-15% on your money in 4-5 months.

I'm hoping they'll just go at the end of the month.

I am foreseeing a bit of a push back or even turned-off potentially decent tenants by the $50/pp screening fee, mostly for a family of 4 ($200 out of pocket).I was wondering if offering a credit of either 50% or the full 100% of the screening costs from the first or second month's rent is a good idea.Thought?

In your mind, is losing $9,500 worth saving $195 per month? 

The first apartments I rented as the owner, were previously rented by the former owner at $150 month including utilities. 

That's before you pay any debt service.To answer your question: No, it's generally not a good idea to lose a bunch of money every month.

Its being operated at STR from last 30 months with great cash flow.

The key difference, though, was he spent months carefully getting to know the local architecs, reputable builders, and even a couple of niche design firms that specialize in modern builds for mid- to high-end buyers.

Census Bureau, Texas added just under 563,000 new residents between July 1, 2023, and July 1, 2024.Florida came in second, adding 467,000 new residents over the 12-month period, and California came in third, adding 233,000.