Similarly Market Supply has remained at a more healthy value, but is not indicating any issue or distress of the market.

After finding properties that look distressed does people write offers before seeing the inside of the property?

We will be using a HELOC as down payment, however what can we expect when buying a distressed property in B/C neighborhoods in Akron for a BRRRR?

We aim for distressed opportunities in our free time.

Here are the key considerations:Pros:Potential for Profit - Through the value add component you can increase profitability on your return, typically you're buying distressed homes with built in equity, rehabbing and increasing your equitable position furthermore. 

He told me most landlords he has talked to had to mortgage their properties and that most are actually losing money in years 2023 and 2024.Distressed sellers lack the capital for property maintenance.

In my underwriting model, I would have to stretch every assumption to the most ridiculous breaking point in order to come up with a 10% CoC return even on a distressed asset. 

We are seeing more foreclosure and distressed opportunities post-COVID...

. - Every lender has a certain amount of distress currently.

I found a very distressed property just around the corner from where I live that just had a "For Sale" sign go up with an agent attached.