Stay on top of the schedule.

I am on my first BRRRR and the issue is lenders keep only wanting to lend on 80% of the purchase price and not the actual appraised value, which would keep my money tied up on the rehab portion as well as 20% of the purchase price.

Like has been said, its a very slim chance of happening and your risk is basically closing costs on a new loan and any increase in interest rates if they a) found out, b) called a loan due on an up to date mortgage, c) insisted you paid in full instead of transferring it back and making them whole.  

Are you looking to stay investing in Southern Cal or looking for opportunities out of state? 

Aloha @Patricia Perdomo, Florida is a Judicial Foreclosure State similar to Hawaii. 

After that, they sent a few messages mentioning they were working with a couple of probates and would get back to me.To date, I haven’t received anything, and my attempts to reach them have gone unanswered.

If you are successful, you should have profits to pour back into the next project.

Even disabled people are required to pay their bills.If they wanted to make two payments a month, they should have brought that up before the eviction.

If he will be living there full-time and contributing to rent, we plan to require a full background check and update the lease to add him as a co-tenant.If he won’t be financially responsible but will be staying there, we plan to request his basic info (name, SSN, etc.) for record-keeping.Has anyone dealt with a similar situation?

Hey Carlos, welcome to the real estate world!