Often above loan amounts of $1.5M-2M lenders will want two appraisals by highly qualified appraisers. - ARM's.

They are highly skilled, highly credentialed, and that means they're highly paid).Depending on the cause(s) and solution(s) to the problem, the property may need to be vacated--now you've got an empty property that's bleeding cash, and not bringing in any rent.

My family bought SFRs in early 80's w mortgage rates >18%, but high inflation drove rents higher than debt expenses so they all cash flowedalso look at USFR, paying 5.37%, holds 8 week Tbill floating rate notes only, not as good obviously as buying Tbill directly at the top of the curve (i bought a 26weeker in late Sept at 5.6%) but much easier to transact, i suspect 10yr will fall over next 2 yrs (FED cycle) then slowly rise over next 30-35yrs (long us debt-deleveraging cycle)

I highly recommend the book "Lend to Live" in the bookstore.

In the "Manufactured" category, I see properties in Florida with very low prices and high monthly rent.

Is this up to me to make sure I have a high end contractor to review and quote the property?

Kyle PotswaldCitizens, first position HELOC Coastal Federal Bank of NCCMG Financial 70% LTVConsolidated CCU, high LTV NOO LOC, OR, WAEast West Bank, up to 60% LTV with "no docs” San Fran CA areaFigure 80% on a rental, not in LLC Finance of America, 95% CLTV, second home only, 680 FICO, not TXFirstBank CO and AZ 75% LTVFirst Florida Credit Union FLFirst CommonwealthFirst Midwest, IL up to 90% Chicago areaFirst Tech Federal.

My cash flow is not great because of high insurance rates and HOA fees.

I purchased my first rental property - a newer home in a high-appreciation market and neighborhood - with a business partner, and she and I have had the hardest time getting it rented.

We did discuss as a board having a more hands on property management company but looking around the fees were quite high and the community liked keeping their HOA dues low.