The subject property is zoned Neighborhood Conservation (NC). 

>appraisal just came back for $235K when we had estimated along with our real estate agent an ARV closer to $340K based on comps. in My market the refi appraisals are more conservative than appraisals associated with offers.  

On our last BRRRR deal we refinanced at 65% LTV... it's conservative but it's a string to pull to hit our COC target (about $150 per month) at that time.

This way, you conserve your cash for other investments.

Hello all, I'm curious how much the HUD will actually pay compared to the 40th percentile rents posted on their site.I'm aware of the different amounts each tenant will cover in terms of their portion of the rent, but I'm not sure if the HUD will actually agree to my rent price.I've been taking the stated FMR for the bedroom count, and taking 20% off the number stated (to be conservative as to what the HUD will accept). 

My goal was to conservatively beat rent and at least breakeven after move-out.

they're going to estimate conservatively to try to protect the lender. 

You will just have to harder and run the numbers conservatively.

It promotes conservation.  

I do agree the conservative W2 earners who go about their careers responsibly setting aside retirement funds are best suited to be LP investors but I do not believe most syndication students are deciding between trying their hand at being a GP and making an LP investment.