High crime I think. 

The asking price was 575K, which, in my opinion, was a very high asking price.

Partner Driven was interested in the Gibson St deal in Portland, TN, due to its high profit potential with a purchase price of $142,000 and a sale price of $240,000.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

The downside of selling will also be that our expenses will go up by buying a new home as well, and we aren't very high income earners (we both make a little over $100k/year combined)We also own a few small rental properties in smaller towns nearby in TX, so the rental game isn't new to us!

Or you could potentially get a private loan as a second but 1) the bank probably wouldn't like that and if they found out about it, would likely at least have the right to call the loan and 2) given private loans usually have very high rates, it would probably make more sense to just refinance it. 

The chances are high you will meet other house flippers that can offer insight. 

Since a WL policy is generally very safe, the LOC LTV will be high.

Consider hiring a neutral party to facilitate a resolution if direct communication is challenging.Good luck!

I'm with a construction and design company and we operate in NC - feel free to reach out, would love to work with you and help you create a high-performing STR.Here are a few we did in NC for you to check out:-https://www.airbnb.com/rooms/755582185230853225?