But if you think there is a large recession coming, than you sit tight, continue saving so you can buy more when the timing is right, and hope your insights are correct on where the market moves.

A lender who’s transparent and upfront about what will and won’t work is invaluable, especially when time is tight.

To date, neither item has happened, and the deadline is 8/1/2024.It is also interesting to note that Jeff filed his own "Answer and Affirmative Defenses" in a number of cases this month and signed these as "Counsel for Defendant".  

Thank you for your advice, Jason.I agree, A cash-out refinance is indeed a viable solution to my problem.My main concern, however, is the tight timeframe I'm dealing with rather than the availability of funds per see.With an additional three months, I could potentially refinance my other properties to raise the necessary capital.

That is how tight the market has become in the last 24 months.

Google "Pace Morby creative finance", he's got so much info on this and how it can benefit sellers.RE: Seller Finance, A lot of buyers are holding off on buying due to the interest rate environment, dealing with banks, getting qualified, etc. but if you could offer an option to someone to buy your property and YOU become the bank and get paid every month with interest, this could be another option for you.A good real estate attorney can make these kind of deals air tight for you to limit your risk.

That's my personal style; not threatening or hostile, but more of a " hey, lets see if we can get this back on track, otherwise you'll probably have to move back in with your Mom...".If your money is so tight as the landlord that you are maximally stressed over rent coming a few days late, you need to work that out on your end and not create a problem where there really isn't one. 

Potential Challenges: Given my tight schedule, what are the common pitfalls or hurdles that could arise in managing a BRRRR process or any other investment strategy in the local area?

Vegas has pretty tight restrictions on STR it would be interesting to see how many homes are actually available to purchase there. 

Application Deadlines are updated on a rolling semi-annual process for each program, with the current upcoming deadlines as of this post shown below: Small Deadline: 11:59 a.m.