Get out of your comfort zone.

And it needs 40k in work and the ARV is 55k.Project cost = 50k - 60kARV = 55kThere's no profit margin for a lender to feel comfortable even thinking about a loan.The problem with these micro price points is that almost no lender wants to even be bothered with them.I always tell people if you have 30k, then you can do a low price point deal in a market from Pittsburgh to Indy. 

It is better to find a win/win as you cannot force them to stay.

I lay out the offer terms I am comfortable with right up front.

How long do your tenant's stay on average?

Quote from @Sarah Rosko: We manage several medium-term rentals as well and typically operate with a 30-day minimum stay.

@Brandon StainesOption 1: do nothing you stay on mortgage and good is you still own 50% of house but bad is if she defaults then it hurts your credit tooOption 2: have her buy you out but that would require a new mortgage at a much higher rateNot much else you can do.

Stay liquid and build cash.The holds that will allow you to retire and put your kids through school are def not these first two.I price out hundreds of DSCR loans every year. 

For my business, outsourcing helped me stay focused on client relationships instead of being bogged down by admin tasks.

Many users in this forum set up "keyword alerts" and you should too to stay in tune with the strategies, markets, or other discussions that come up that are of interest.