As @Ryan Brocklebank mentioned, investors have been quite hesitant due to the uncertain outlook but there are definitely opportunities to be had. 

If this were for a conventional owner occupied that would sound high, but for an investment property that doesn’t sound unusual these days. 

insatiable Thank you for your kind words…AtobiasonThe Lentz area has had a stigma to it for many years now… It has been an area that many have simply stayed away from… The last house I considered buying there a few years back was a 2 bedroom 1 bath and I passed on it for $79k… It too needed work, but the short or long term upside was too uncertain… I personally stay away from areas that people don’t want to buy in, and I also stay away from small houses, especially 1 bedroom houses.

Here in Chicago people often think they have mice and its not unusual for it to really be an rat issue.

They sold me a property from their list that was so bad that my home owner insurance company would not even cover it for "unusual hazardous conditions" They will over charge you for everything .

It is highly unusual to find a hard money lender that doesn't require money down.DSCR loan products generally include a cash-out refinance option, in which you may be able to pull cash out of a property.Also seeing prepayment penalties for dscr.All long-term products I've seen in this space have a step-down prepayment penalty, e.g. 5/4/3/2/1.Not sure how to use a bridge for a flip.

First thanks for reading!
I am about 3.5 years away from my military retirement date and want to transition full time into real estate. My wife and I currently own 5 multifamily properties in Anchorage, AK where am ...

But the future seems very uncertain.

I think it would be an unusual appraiser that would know the best use and what current zoning would allow.  

But it's silly to act like I deserve some low rate that existed in the past under very unusual circumstances.Let's not kid ourselves.