We invest in non performing loans and do some private lending as well.

Immediately, I performed a Roth conversion, and instead of paying taxes on $50K I'm paying taxes only on $21K.

Just wondering if anybody is part of a house flipping performance coaching program?

Put together a spreadsheet and compare the performance of the subject property if you keep renting it as is for the next 10 or 20 years versus if you rehab and refinance.

Once completed, the goal is to get them rented and then pull money out of each house to build a high performance spec.

Or are they performing some sort of arbitrage and they are not the end buyer.

One that is pretty dang reliable for performance.

And, past performance is no guarantee of future results. 

Those stilled cashflowed mostly due to insanely low interest rates.3) Investors started chasing Class C rentals in 2022 when Class B rental prices AND higher mortgage rates didn't allow cashflow at purchase.4) Investors are now chasing Section 8 tenants as the cure-all for Class C tenant performance issues, so their Class C properties ACTUALLY cashflow.

Focus on finding a replacement with strong tenant screening processes and performance guarantees.