This thinking contributed greatly to the market crashing back then and no lender in their right mind would evaluate a deal in this fashion.Lenders will always base value on the lower of the appraised value or the sales price.  

Take your time and evaluate and do a lot of due diligence. 

I am evaluating a $300K house that is about 40 years old.

We will see what the overall return looks like in 9 months when they have had a full year to go through a full evaluation of their assets valuation at least once. 

The protocol, my team tasks in situations like this would be the following: First, evaluate if the requested repair is truly cosmetic or if it impacts habitability.

We have yet to have another appraisal completed but I estimate a new evaluation of $350,000.

But if tenant stability and needing cash flow are higher priorities for you, then it may be worth re-evaluating or looking at alternative properties that offer more reliable cash flow from day one.

Not necessarily - you can network with wholesalers and investor friendly agents to help you find deals, your learning curve will just be knowing how to evaluate the deals and if they can make sense for flipping or having to hold afterwards.2.

Since your involvement is primarily as a passive investor in syndications, you’ll need to evaluate if you meet these requirements, as REPS generally favors those who actively manage their properties. 

Investing in properties tied to future area developments requires careful evaluation of project timelines and potential delays.