I have my own website, but I link over to that one once a guest clicks on Rates & Reservations.

I have a number of rentals and my cash flow is very good but I overextended myself, and my cash reserves are too tight.  

Usually for these kind of deals your cash reserves will be looked at as well as proof of income enough to make monthly interest only payments.

You might find more than one lender who won't ask for the 6-month interest reserve but he'll probably ask for a bank statement with the 10% down 4%-8% closing costs 6 months of interest just to know you have sufficient liquidity.  

On the morning of 5/08 I received a email verification that I replied back to confirming everything was correct.

And if a group is out there projecting that 20% IRRs are still achievable for a typical value-add play, I get very suspicious, and ask for a lot of "projections vs actuals" on current deals to confirm their assumptions.

Court confirmed sales prevent you from assigning contracts, while Full Authority sales (which only require noticing) get so much attention from competition that margins are compressed to the point of not worth the trouble for all but a few.If you actually have your own funds (!)

This affords you 2-3 properties using a portion of the $400K you have and the rest to hold onto for reserves and to stay cash fluid.

Heard there is a massive problem with the building, can anyone confirm?

Charging and then returning ($1,000 security for example) will cost around $35 for each reservation.