Now this has definitely turned out to be an exceptional deal, likely a large percentage of that being due to luck, I will post some numbers below in case anyone else is looking at this path.Location: Saskatchewan, Canada. 142 acres grain land (dry)Purchase price: 170 000 (believed to be far under market value, more on this later)Closing cost: 2456Down payment: 42 500, mortgage 6.09% on 25yr amortizationProperty tax: 725/yrAnnual rent: 85/ac x 142 = 12 070Cash flow: 1403/yrThis may not sound like great cash flow, but typically how farmland rentals work is the farmer leasing the land pays the entire year upfront before seeding in the spring and leases tend to be 3-5 years with rental increases built in much like a commercial building.

How about if your rental has an oil heat system and you are concerned they will consistently run the system dry.

I had a foundation problem in my home, mostly during the summer, in Flower Mound, TX due to the drying out of the ground there.

East of the cascade mountains is  considered the dry side of the state (12" annual rainfall in Bend / Redmond vs. 50" in Eugene & 70" at the coast) Southern Oregon is somewhere in between.

Now, for me, deals have dried up quite a bit. 

Keep your powder dry, good buying opportunities will return. 

This acronym represents steps that should be implemented in the exact order they appear.As I collected my "Core 4" (Agent, Property Manager, Lender and Contractor) for BRRRR implementation, I received a call from my lender two days ago telling me that cash-out refinancing is drying up.

I did this so that I wasn't milked dry by Loopnet and Costar.

It's not a cut and dry answer, it should be evaluated for each particular property. 

There were a LOT of issues with it (some rotting floor damage from a badly insulated crawlspace, pipe leaks, etc), so I was able to negotiate for $7,500 under my original offer plus $10k in sellers credits (covered closing costs and 3 mo's mortgage + taxes) How did you finance this deal?