So they did not buy in CA OR WA... in any  numbers they flooded to those nice marketing companies promising 30% return in DetroitI can go on and on  but you get the drift Good Day Mate

Some initial thoughts / how I looked at things: Financial Stability --> could I float minimum of 3 months comfortably if it was not rented? 

I recommend floating interlocking LVP, not glue down.

They all work on the float but these guys are masters at it.

We're getting a floating Freddie Mac 10 year term, 30 year amortization, 75% LTV, 248 bps spread over the 30 day SOFR, right now around a 2.58%, 5 years interest only, 1% prepayment after 12 months.

Your goal is to make sure the home doesn't float away I think if it does then you might be liable.

The people that actually cleaned the house and took the pictures was local, hired by the company in TX.There's a bunch of floating around.

He knows we love to get them & clean them up with investor friends.They had to remove & hospitalize the confused elderly woman & impound 4 large dogs who apparently had not been outside for some time (if you catch my drift).I took a look at it & dry retching was the least of my immediate responses !!!  

Been some good webinars floating around.

Do you have the cash reserves to still float in that situation - having to pay out an extra $1000 - $2,000 a month for 2-3 months while you got that tenant out, and a new one in?