In our fast market, I typically don’t even bother looking at properties that have been in the market for over 2 days because they are either not interesting or undergoing an auction. not useful for me  All my best deals in this market have been when I was the first bidder, typically the same day it’s listed and out ran my competition.

But I bought a house in an area that is undergoing gentrification and the house value has demanded a mortgage of $2300 for a 3 bed, 2 bath, 2 car garage, 2022 square feet property.

We would have to undergo a joint mortgage.

If interest rates were ever allowed to return to normal levels in line with a nicely growing economy, the value of US real estate would have to undergo a correction so sharp that the explosion of the 2006-07 bubble would look like a walk in the park (otherwise real estate investing wouldn't be profitable at current prices).

Clearwater is undergoing huge developments

I was told I can withdraw up to 80% of the cash value without worry of defaulting on the policy and undergoing a taxable event.

Also - make sure you're accounting for any holdover costs while the house is undergoing rehab and is sitting vacant. 

I would go stay somewhere else every few days I think also since I would probably get sick of being in a house undergoing major repairs.

My wife and I have a triplex under contract and once we close, it'll be undergoing a 8-12 week renovation that'll cost about $95,000.

I was planning to relocate there for work next year but for personal reasons (friend is undergoing chemo), I want to delay leaving Virginia and rent it out for a year (at least 9 months but can do 12 months).