Sounds like that's the law only if a OH real estate broker holds the earnest money... although many title companies follow the same policy, which is basically just CYA.

AirDNA says the occupancy rate for STRs in Raleigh is 33%, which sounds low to me, and as I mentioned, there are 107 empty full-unit MTRs.

" * In addition to drying up investment in rental property, one of the worst effects of Rent Control is that it discourages property owners from maintaining and upgrading their property.

@Yair ZarmonOption 2 sounds like the better choice for your situation.

Going to begin reaching out to commercial brokers, since I keep hearing there is a flood of inventory coming to the area but it doesn't seem to be effecting prices.

Hi Richard - Sounds like DSCR is the way to go with no DTI requirments.

I believe that POH homes though inconvenient can be managed effectively if the market conditions are correct. 

The ripple effects of global events and economic policies reverberate through our region, influencing interest rates, inflation, and housing affordability.

Tailoring renovations to these demographics can maximize appeal and marketability.Comparative Analysis with Surrounding Zip Codes43613 and 43615: These areas, with higher median incomes, might offer opportunities for higher-end flips but may also face stronger competition and higher property costs.43606 and 43608: While the potential exists, these zip codes may not experience the same level of market appreciation as 43620, which could affect profit margins.Strategic RecommendationsInvestment Focus in 43620Cost-Effective Renovations: Focus on upgrades that enhance fundamental property values, such as kitchen and bathroom remodels and improvements in curb appeal.

So sounds like you need to work some plumbing into the rehab.