The lender may figure if the borrower had this kind of money they’d be making the mortgage payments. 

This way the lender is covered and only lending on the value that is legally zoned and compliant (in case the city took action against the non-conforming unit).

As others suggested you could also lend this money out for 10-12% and make your money that way and not put yourself on risk on the asset.

With that money - I am using it to invest using the BRRRR method. 

Will work on some of these actionable items

Give me a specific action that would have accomplished this generic talking point of yours.

 @Jason Dubon Jason, that’s awesome—you’re already taking action, which is half the battle!

So that has been my "next action step" to wait for a clog to happen again and have him camera it, but it has now been almost 1.5 years with no incidents.TLDR: There is a chance that the bottom bathroom tub/toilet could fill with sewage during a guest stay, but I am hopeful that the next time it happens will be the last.

I have not used hard money on any of my deals yet. 

.- cannot force exit- cannot force to open books- have to pay legal costs for Grocapitus if they ever take action- are indemnifying Grocapitus against false statements.