If you are ever up in Chicago I'd be happy to link up as well.Your decision-making skills as a vet/emt will go a long way in real estate.

They could not live in the cabin but can stay long-term from November through February to appeal to winter Texans, and that is when we are slower.

So, when closing, your new lender would give you a check for $10k to do whatever you want and a new, longer-term loan.

But many of our clients utilize our DSCR loans to purchase and re-finance long-term rentals (LTR) and we have to loan to an entity because it is a commercial loan per se, so that wouldn't be problem for us. 

Outside of their investor margins being a little thin, does anyone have any feedback they provide from personal experience or research they performed on Ashcroft?

Long story short we got our inspection back on the property we have under contract and are curious how much concessions or in what way we could ask for concessions due to the nature of the findings. 

But it sounds like there are other factors making you rethink your long term goals with these properties.  

Additional relevant provisions in the contracts:"Title Evidence and Insurance: a title insurance commitment issued by a Florida licensed title insurer, with legible copies of instruments listed as exceptions attached thereto ("Title Commitment") and, after Closing, an owner's policy of title insurance (see STANDARD A for terms) shall be obtained by the Buyer. 

What terms do you have on your current loan? 

I love the area however, I have done a lot of research and am having a hard time making the numbers work out in terms on COC return.