If you're considering BRRRR, the FHA 203(k) loan could work for bundled purchase and renovation, but it’s often simpler to use personal funds for lighter rehab projects.You could focus on properties with strong rental potential and manageable upgrades to increase value.

You may end up needing to go through the whole foreclosure process which can take a lot of time and cost a lot of money, and you may end up getting the property back in much worse condition than when you sold it, potentially with a squatter in it and months of lost rent, and in a worst case scenario you will be in a much worse position than if you had just sold it outright. 

During your initial walkthrough, inspect the property for any major issues such as structural damage, roofing problems, plumbing, and electrical concerns, while documenting all cosmetic and functional issues with detailed photos and notes.Once you confirm the property’s potential, finalize your ARV and calculate the repair costs using either a reliable estimator or insights from contractors.

Great advice; with that said, the notice I gave her did allow for a 30 day period before a new lease would potentially take affect with a price increase.

If the seller misrepresented tenant conditions, consult a real estate attorney about potential legal action.

They were initially hesitant about Linda Vista but ended up loving the location’s convenience and rental potential.

I would love to hop on a call soon and discuss potential ways of collaborating or creating a win/win situation! 

However, I’m hesitant due to the risk of the chatbot going off script and potentially leading to discrimination claims.

Potentially turning into section 8 if there is tenant turnover.

You are correct that insulation is almost certainly a bigger bang for the buck in a heating climate.