Flippers - I'm advising clients to pass on deals where DOM are high across the board.

While I don't object to spending money to do one's due diligence, I don't know if $500 is called for when you can get very high quality syndication groups/meetups/information for free.

The last thing you want is to have a home run deal that theoretically should be a high-profit flip but is ruined because your contractor screws you over in some form or fashion (late deadlines, inaccurate scope of work, etc.). 

In my observation here in Santa Rosa, the first lots out of the gate that sold went for too high of a price. 

Of the conversations I have had with people discussing hard money lending, some seemed opinionated in that the high interest rates and terms were enough to scare them off.

A 6.6% cap rate building (your 200 month payback on cashflows alone implies a 6.25% Cap Rate, rounding up to make the math in the next sentence easier), that stays at a 6.6% cap rate, appreciating at 3.4% per year, generates a 10% return that is highly likely to continue to pace with inflation over the long-run. 

We have worked with them and have had great results. highly recommend

@Kaaren Hall after seeing your post i called them right away, their fees are extremely high for an HSA that for the most part most people don't have a lot of money in.I max my HSA every year, but if you have a self only plan you can only put about 4k /yr  and if you have some medical bills it's less.they are also very restrictive on taking money out, and no CC to pay the doctor. prior to speaking with them I was extremely excited to see this opportunity you suggested,  but after my conversation I'm no longer...I will look for other options now that I see there may be some, so thanks so much for bringing it up.

Is this expected since interest rates are high and listing prices are subsequently dropping? 

While may not have high amount minimums, they may have a minimum $ threshold for cc processing, Ours is $0.60, with a discounted plan that could be a few as 8 records.