Homes still can get sold in one weekend with multiple offers but any rental property that has a flaw or pricing will be skipped as there appears to be enough floating on the market.

@Bob Floss II floating floors should NOT go under cabinets.

So the price floats up or down, but I do set a minimum price number, but always a price that a bank's appraisor would accept. 

I have one other BRRR that I am floating and between the two I am tapped out.I also have a family member that can lend me hard money until the house sells, which would free up a large portion of my HELOC and allow me to take on another project.I am just looking for some thoughts as I decide, in the worst case scenario that it does not sell in the Fall, what to do with the property.Thanks so much - you guys are awesome!

Wondering what the best solution might be..Prop 1:  Bought 2011, FHA 3.5% w/ PMI; MV ~185k; Loan Bal 92k; HELOC 36k @ 5% floating off Prime (drawn to pay for down pmt on other property); Rental (performing)Prop 2: Bought 2014, FNCL 3.875% w/ PMI; MV ~ 260k; Loan Bal 173k; Rental (performing)Prop 3: Bought 2018, FNCL 4.625% w/ PMI; MV ~440k; Loan Bal 356k; Owner Occ / Primary - Saving the detail, to get the deal I had to put up more down payment than I would have liked to... 

Take a look at the many OMs floating around.Also take a look at CREPro to create a nice brochure (online or PDF)

As Nathan mentioned, you'll want more than just enough to close as there are always unexpected costs and you want to keep a float fund for vacancies.

There are about 2000 nice metal pens floating around the midwest with my advertising and phone number on them. 

No solids should enter the drain field - especially grease, which floats!  

It seems like the highest they've been in recent memory is 8.5-9% back in early 2000s, generally have been floating in the 7's, and in super hot markets have gotten into the 5's.If I'm attempting to forecast my apartment building's value at sale in few years (3/5/10yrs), can I be reasonably confident that the cap rate will remain within +/- 1.0% in my local area?