With all that being said, the 3 bed house is worth approximately 180k due to the location and lot size.

Foreclosure homes worth it?

Private money and seller financing is typically the most expensive. 

Just to anyone reading this, I am specifically seeking knowledge and info on his course, NOT whether it's worth investing money with him in notes; that is definitely something I am more skeptical about. 

They have some really exceptional high loan amount investor loans worth considering.

Hi BP Community, I just got a senior care facility just south of Fort Worth under contract and am looking for a DSCR lender who can help with the purchase.

PennyMac will definitely not allow this.They do conforming loans, conforming loans cannot be in an LLC.You would need to refinance into a NON QM Loan.I would consider a DSCR Loan depending on the LTV and your DTI.With a low LTV a DSCR Loan can price out the same or less than a conventional loan.You then calculate how many years worth of tax savings it would take in order to recoup closing costs to see if it's worth doing it.Feel free to reach out I can give you a quote in minutes with no credit pull.

I don't typically recommend a cost segregation study on a short-term hold since you don't get to see as many of the benefits, but if you 1031 exchange the property, it allows you to continue to defer the tax.

With all that competition, do you think it is still worth trying to invest in STRs in the area? 

I would say that was worth it.I don't follow your logic that the other appraisal should compel a buyer to go over $3M.If you have seven offers, it is not very likely that you will see a higher offer at this point.