We are selling one property in a location that has permits and other restrictions it would take Sherlock Holmes to find and when you inadvertently hit one there are fines plus the permits and delays. 

Currently, we are in our growing, and we tie the bonus to that.

We are trying to think of all our options for a rehab loan.

We negotiated a deal with the owner for 20% Equity, we are responsible for infilling the community as well as property management (which we also get paid separately for).

We are so excited to start this next chapter!!

I ask because the price bubble we are in has left rentable house prices elevated compared to rental rates.

We typically have a specific criteria of contingencies we are putting into place within the purchase and sales agreement to help protect our investor clients from many of the issues that arise when inherenting tenants.

So we are in the down cycle.

We are entering the prime buying season - find other local investors and get their interest.With that said, there are a couple things that are unclear from your post. - The as is appraisal was for 275K,yet you are now expecting that it would be a reach to sell for 220K.

We are looking to buy 900 houses across the Southeast from Texas to Alabama.