Clinging to a poor investment is as bad a strategy as making the poor investment to begin with.  

Possible exit strategies are a quick flip on the MLS, the home has been moved so I think that excludes FHA financing, but a conventional loan is still available. 

What is the best strategy?

Maybe I should recalibrate my strategy for my pennies.

Lima One has extremely flexible DSCR loan options, which can be tailored to each investor's needs and investment strategy. 

@Walt Viera, read "The House Hacking Strategy" by Craig Curelop to understand the overall investment concept. 

What would be the best strategy?

I spoke to him and he's probably willing to carry anything above the $90K, but he does need that amount in cash.I suppose the main strategy would be to go and get a loan from someone willing to sit in 3rd position. 

My initial assumptions are yes, based on the “build to rent” strategy.

SO...how do you use City Plans and/or tools when developing your strategy, target market analyses, property acquisitions, etc.?