The only way you can break that log jam right now is severely lowered fed rates, but the level of federal debt is such that they're in a no-win situation because there's going to be little appetite these days for buying 1% fed notes from overseas.The fed rates were kept too low for too long.

I bought this residence with my VA loan but realized I should have used either conventional or FHA due to the low cost of the home.

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. 

I recently learned they are being sued because one property they managed one of the people touring it, trashed the place and stolen everything including light fixture/faucets.

So the probability of someone replacing their W2 income is extremely low.  

I carry a very small, very light 8 shot 22 caliber revolver everywhere that's legal.

I ask because if you redid ele and plumbing for kitchen and bath, plus added new panel and did rewiring, than those costs are quite low.

We are cash flowing over 2K a month and the house has appreciated to high 300s-low 400s if we were to sell today.

I wanted to get started in investing in multifamily real estate in 2022 to take advantage of low interest rates and rising rents.

Despite its high purchase price, the neighborhood's strong market demand and low renovation needs made it a promising investment for maximizing profit with minimal turnaround time.