If so you could pull equity out to begin the BRRRR process.

I’m also in the process of launching a new home inspection company, which I’m confident will help me get back on track financially.

;(- if as-is value is less then the balance on the mortgage + arears OOOPS you need to have the owner work with the bank, you as the investor buyer AND a short sales expert often an agent work the tedious and usually failing short sale process. 

Any HML will want answers to those questions plus a rehab budget before getting you a term sheet for a fix n flip loan for this property.I close these types of loans all the time, if you have any specific questions about the process don't hesitate to reach out.

I need to source the data myself, run the numbers, check the calculations, eventually build my own custom spreadsheet etc. 

Happy to share my experience if you want to send me a PM.RyanHey Ryan, we are in the process of looking at buying a house for an STR in the beach Mountain area.

For example Delaware has additional default rights and processes that an investor can follow if they feel they are not getting old books and records.

Yea, I'd love to call and maybe change your mind with our processes 

Also, banks typically use a valuation process that does not favor the BRRRR strategy. 

Will research more on the process.