But generally speaking with the new landlord rules etc I wont fund occupied houses whether at auction or non Auction I want them vacant before we fund them.

if they are pressuring you like this.PLEASE watch the American Greed Episode on Remmington Financial  .not saying these guys wont or don't fund of course.. but when I do my deals with my banks its common that I pay for the phase one and the appraiser directly..  

So everyone take a Quaalude or whatever it is people use nowadays.As to “The Texas Banking Commission destroyed Quest” and “Boy, did Quincy mess up” crowd: Screw you and your backbiting ways.First, I am biased.

You talk to the neighbor and they tell you the city bulldozed the house last week, because it was destroyed in a hurricane. 

They wont let a diesel truck operate in the state with an engine over 10 years old , because of emissions .

The perceived value may be more, because you know an STR was run there and making money, but a lender wont value it more.While I agree a lender probably won’t value it more, an investor interested in running it as a STR will pay more.  

Consider this: there are an estimated 10K homes in Pacific Palisades, at least half of which were destroyed. 25% were constructed during the 60-70's and +/- 75 TOTAL were built in the past FIVE years. 

I know escrow wont release unless both parties sign. 

So it wont be a popular opinion but maybe don't invest in real estate just yet.

I wont need to spend that money now.