Hey John,Sounds like the answer would be to utilize a DSCR lender that utilizes either pre-established STR rental income (if you can prove with AirBNB/VRBO statements) or a few that are still UW with AirDNA or a similar STR income projection program.I am aware of a few still doing it at this time, and if you can show that you know what you are doing you shouldn't see much of a cut in LTV if at all.Happy to connect and see if we can help.Good luck!

I reached out to them and became pre-approved for a certain amount.

I have a situtation where the owner had paid off the house but owns 27K in back taxes and is afraid they are going to take it away from him and wants to sell it. 

To start, get pre-approved for a loan, search for multi-family homes, plan commute, consider property taxes, leverage healthcare income, and build a local network.Good luck!

Everyone that signed up Pace paid. 

My Wife has 35 years at this and 100% of her bizz comes from referrals she has not paid to market in a very very long time.

You are conservatively looking at 4 months before you get paid.

The price of the option, paid for by the potential purchaser of the property, is agreed upon and set and is non-refundable.Some sellers MIGHT credit the cost of the option back to the buyer of the property upon closing, but any details of the option may NOT refer to any lease.Why? 

Another paid 170K for a 3 br in GH, that needed about 25k in reno, and only rented for 1300, again beyond terrible.

Not quite to pre-covid levels but homes that were $550k pre-covid can be had in the high $600's now, down from a peak of around $900k.