What purchase price? 

Obviously if I intend to have a top performing STR in this market, my buy box will allow for a much higher max purchase price, but I wouldn't feel comfortable with shooting for the max if there aren't clear ways to beat these competing properties.

Congratulations on the purchase!

So far I've owned the place for 4 months and have not had any issues with my tenant yet.Am I Happy With My Purchase?

The buyer agreed to cover the cost of the new appraisal, which came in significantly above the purchase price.

Are you purchasing them at full retail value after they're done or are you the one purchase the shell doing the renovation but they're just doing the leg work ? 

Purchase price: $500,000 Cash invested: $100,000 AirBNB in West Sacramento

If the proposed loan is too risky because (1) chance of default is too high and or (2) cost of foreclosing too high or time it takes too long and we would otherwise decline the loan, we might offer to purchase the subject property for a price equal to the loan amount.  

First time investor, hoping to obtain my first duplex soon, and this family land purchase is on the horizon as well.

Its usually called a post-completion or post-purchase mortgage.