Our appraisal came in much higher then anticipated and we can pull out up to approx. 82K. 

Appraisal came back about $30k than anticipated (we think due to covid, may 2020), Needed cash to pay back investors (this was a BRRR).

It ended up needing way more in repairs than what I anticipated and I should have done more research on the market area to make sure I was in a good selling price point.

The DIY turned was more challenging than I anticipated while working a full-time job.

You also will not be able to use the anticipated rental income to qualify for the mortgage. 

And just as Rafael wisely pointed out, do some homework to understand the comps in the area so you can accurately anticipate what the appraised value might look like.  

I ended up spending about 150K more than anticipated on renovation.

My risk tolerance is usually pretty decent, but given the stakes (of being unable to find alternative financing), I can’t seem to mentally let go of conventional lending options.The risks I anticipate are: 1) Credit score will drop with a lot of activity in a short time (though I don’t know how much), 2) The properties are pretty rural, so appraisals could be low or lenders may offer lower LTVs because of the rural classification, and 3) Sudden market shifts could make lenders skittish about vacation rentals, making it more difficult to secure non-conventional lending.My questions are: 1) How confident can I be that I will be able to secure a DSCR loan?  

Purchase price: $250,000 Cash invested: $15,000 Sale price: $472,500I purchased this condo to live in with the anticipation of holding on to it for as long as possible.

New housing all but stopped, while the future demand for housing continued to develop unabated: folks didn't stop growing up, completing their education, getting married and starting their families simply because of what had happened with the economy.Economists of the day predicted a shortfall of housing supply amounting to 5+ years of housing starts / building new homes and apartments by the time "starts" began to recover, and a 10 year shortfall by the time the "ramp back up" restored some of the momentum in housing prior to the crash - basically, where we are now.Needless to say, no one anticipated COVID and the related impacts on the population and the economy.In my view. we're seeing a multi-faceted issue because of all that's happened since the crash, not to mention the impact of the crash itself.My $0.02 ...