To be honest in today’s market I’m not seeing nearly the amount of wiggle room in renegotiating a price based on repairs.

Then based on purchase price and escrow I back into how much money I would need to put down to reach my cashflow goal. 

Based on an inspection report on one of the deals I worked on last year, I was able to negotiate over $15k of credits and repairs for a $200k house using a $400 inspection report for one of my clients.

Unless you are based in a community property state. 

My name is Monty, and I’m based in Freeport, Florida.

My capital continues to be completely tied up in the property since I'm pretty maxed on my LTV and likely can't unlock any more equity with a HELOC or something like that.The goal of this project was always meant to be a short term exit so I could continue to try and aggressively grow my real estate portfolio, but now it feels like I'm stuck at first based.

They’re asset-based, meaning the loan is secured by the property itself, and they often have quicker approval times but higher interest rates (think 10–15%) and fees.

Since you are based in California, do you know of any good CPAs who are geared towards real estate investors ?

I have been looking at properties and it seemed like the seller s  based their price on zero percent cash flow for the buyer.

@Kevin Connauton, I agree with you that although Pad Split is a great choice for getting the rooms filled, they don't cover all your bases in terms of property management.