Try to put a bigger down payment in than you might need to give yourself some breathing room.2.

At one time, I told people to spend money on a skip trace so they could file the in personam QT lawsuit (the one where you can served lawsuit papers on all defendants) and avoid the expense of the in rem QT lawsuit (the one where you need a GAL).

Managing your budget is basically advertising as needed.

How much equity do you have? 

You'll definitely need more time to get things processed.

But I love your point- which is AI makes so much competitive data more easily accessible and- actionable.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

Hey Gene, for your situation, you probably need to get a fix&flip loan to acquire and do the renovation.

I think the important takeaway is that you need to know what's going on in your local market.

Quote from @Erik Estrada: Why do you need a non-recourse loan?