I would consider the tenant's past, as well as the condition of the unit, my local market, and other factors.

They generally will offer greater appreciation, as well. 

We would love to network and talk with other Flip Investors, BRRRR Investors, and Lenders in the Northern Illinois and Southern Wisconsin area and all real estate investors as well. 

Well anyone can write anything into a contract, but whether it is legal and enforceable is for the courts to decide...It is State law here that a contractor must call 811 or they are liable for the costs.

Hi Eric....STR can be tough in DFW area, but some people still doing well, while many are bailing, seeing if they can turn them to MTR or even LTR. 

My focus is shifting from cash flow to equity management as well as our portfolio mix.

Are they requiring a minimum DSCR of 1.25x or 1.30x as well?

This is not going to end well.

It is an advanced technique that requires expertise and being well funded.Also, once someone has received a notice of foreclosure, it shows on his credit report as a foreclosure and you can Not save his credit by buying the house before the auction.

No one can answer that because we don't know what market you are in and what your list price is versus the actual value, as well as the scale of the town.When something hasn't sold in 50 days, it's overpriced.