As you've guessed, I have three kids. :) We homeschool and I'm planning on making this a family business.

I am guessing in Muncie the cap rate is probably 8-12% cap rate so take the NOI and come up with a comparable cap rate to determine the value. 

Time is critical, especially in competitive markets.Clear Offer Terms - Present a firm offer with terms that make the seller feel confident that you can close fast, with minimal contingencies or proof of funds.Due Diligence Preparation - Have your financing lined up and know your repair/rehab costs in advance so you can move quickly without second-guessing.

THE NEW FLORIDA SQUATTERS LAW WENT INTO EFFECT ON JULY 1, 2024 my Brother was successful with an adverse possession claim in CA.. he was not squatting he owned the property next door and the person who owned it died and I guess had no heirs.

SOOO, I guess my question is "what would you do in my situation?"  

I guess that makes me part of the 1%!

My guess is You will need to go through a foreclosure process in this situation as a legal remedy.

My guess is many of these programs are older and the note world has changed drastically.

I guess my question would be, if each deal would cost an extra 2% going DSCR would it be worth it to be able to scale and accomplish what you are hoping to accomplish?

I guess my only hesitation is still the lack of understanding on how it works.