Which BTW most of our closings are subject-to the existing financing, so we have little cash into the deal, just the arears and the closing costs.You find NOD and pre-notice via;   realtytrac.com / equitydepot.net (if they cover your area). 

Many times they will claim it's wonderful and then try to hide their worst deals by only showing completed deals.

Purchase price: $160,000 Cash invested: $35,000 Purchased this property as a turnkey investment at the 1% rule moving equity from another deal.

You can BRRRR the deals that make sense and sell the rest.

What made you interested in investing in this type of deal?

However, if it is a purchase transaction, the deal can still get done, the deal would just need to qualify as a standard rental (lender won't know you are renting by room post-close).

Quote from @Jaycee Greene: That's a nice deal.

With the COVID-era surge in home prices, rapid increases in mortgage rates, and rents not keeping pace, it really has gotten harder to make these deals work.

I would get the same deal if I did another with the same lender. 

And you are saying agents, the ones trained to do real estate are messing up the deal, and not you?