It’s a great way to keep the cash flow going when tourism slows down.

In late 2019, the economy was slowing, and inflation was at bay, so the Fed began cutting at a similar pace to what the market is expecting in late 2024.

I don't like the dirt road or the slow growth in the area this home is currently in. 

So you will almost certainly be liable for any defects or deficiencies in the end product regardless of subcontracts and sub-contractors. 

Both 203k and HomeStyle are great products, there is not a "best".

My experience with these auctions is they are normally slow and inefficient because the new owner had inflated price expectations.

Why put effort into providing a product that (a) your tenants may not want, (b) increases your workload, and (c) doesn't line your pocket?

This is hugely problematic for the “speed” aspect of BRRRR investing—drastically slowing down the returns and velocity of capital for BRRRR investors using conventional loans.Portfolio lenders are another option, and they typically offer competitive rates and fees as well.

I'm in the retail sector, primarily value-add product with a great location but poorer performance than the market average.

In both cases, the product has more or less folded or become inaccessible.