in Sojac these days its pretty much landlord dominated and values only track what a landlord is willing to pay for a given cash flow exit is very limited there is not much in the way of owner occ their anymore.when i first started lending in Jackson about 2003 there was a ton of owner occ flipping going on in sojac and thats all we did.. then the lending rules tightened in that area and the only exit became to sell to landlords and mainly out of state landlords as there simply is not enough local landlords to take up the inventory that has become available there. 

Normally folks in those price points simply dont have the money to fully litigate and no attorney is going to take it on contingency.. so you basically out spend them  and then you guys settle.

There are a few that are either "really close" of simply don't fit other criteria that we want (one example, a group looked quite promising, however when digging into the PPM / OM's we found that the whole thing was based in the Caymans... that's a great place to vacation, and I really liked the Caymans... however I don't want to have to figure out the legal structure of something that's not US based should I ever need to.... so, that's not one were invested in).Feel free to reach out privately - always willing to chat.

But without a value-add strategy you're simply not going to cash flow with that sort of strategy.

Most who possess both attributes recognize its more profitable to simply build for themselves which leaves very few qualified builders for 4 unit ground up projects and those who are truly qualified have to be incentivized monetarily to take on such a build which cuts into your margins.

God bless!

I would simply prorate the cost and bill the lost warranty value back to the tenant.

My question simply is, does increasing your rmd from say 600 dollars to around 2grand a month significantly affect a loss of the IRA?

Yes we can use use by simply creating "classes" for each property, and categorize expenses.

It simply takes more knowledge to be able to consistently have positive outcomes flipping homes, and buying a property that has unexpected expenses can quickly tank a project.