Remember, C/D located properties generally appraise once improved for significantly more than they will actually sell in an arms length transaction so you can go to many C/D neighborhoods, successfully complete the BRRRR method but deal with  all of the operational difficulties of the asset class and then fail to achieve a sale figure remotely close to the favorable appraisal  that allowed for the proceeds to be returned through the refinance. 

Lenders are almost universal in their requirement that a borrower has "skin in the game".

Sorry Ron and others are having difficulties.

Its to make sure you have enough skin in the game on this property such that when you buy the next one you're not going to be in over your ski's.Hope that helps, there are many ways to structure your situation so that you can bob and weave around these obstacles.

Showing property of interest below: This is what I'm understanding...Property price: $210,100Rehab: $30kARV:$270kTo please a bank, they will ask me to leave 30% in the property when I try and cash out...that's going to mean if it appraises to the expected $270k, I need to leave $189k in (270 x .7) However, I've already purchased it for $210,100...is anyone seeing the difficulty here?

I am having difficulty finding reviews though.

My chief economics analyst seems to be having some technical difficulties today....

You have to have some skin in the game or else why would anyone risk their money on you?

Also with regards to the case worker, is it ok to keep them up to date with the difficulties or are they generally biased to the section 8 tenant?

An NBC News measure of home buying difficulty shows that Hennepin County, where Minneapolis is located, is the second-easiest county to buy a home in compared to the seven counties adjacent to it — even though Hennepin is the most populous county in the state.”Great damn job Minneapolis!!!!