@Steven Catudalthe 'no cash flow on a BRRRR' is typically just because you are boosting the ARV and then taking out the maximum amount you can on the refinance, often using a DSCR loan with a higher rate. 

To ensure you’re not overpaying, compare these quotes to typical rates in the area using resources like HomeAdvisor or Thumbtack, or by reaching out to local contractors for ballpark estimates.

They could offer different products for single family vs multifamily so it's a good idea to get with a lender to see what they can do that may not be your typical mortgage type.

>There are MANY landlords with properties on the west coast and in the New England states, that deal with negative cashflow - but, depend on appreciation to make their rentals "profitable".I am very familiar with west coast markets and investors on the west coast market typically only have negative cash flow if they recently purchased or recently did a high LTV extract of value.  

These loans are short-term as you mentioned, typically 12 months, so you'll need to refinance before that balloon comes due.

How attorney fees typically work in these cases (e.g., hourly, contingency, flat fee)?

The typical rule of thumb which works well is GROSS monthly income at least 3x the rent.

Quote from @Mitchell Coles: In Ohio, property liens are typically recorded at the county level, making the County Recorder's Office a valuable resource for property research.

While we are not immune to market shifts, we typically don't see huge bubble bursts. 

Correspondent lending typically takes one of two forms: delegated or non-delegated.One approach is to obtain your loan purchaser’s criteria and documentation, (hopefully) adhere to them scrupulously, and originate the loans yourself.