I've discovered that explaining our requirements to potential tenants even before they view the property has been extremely beneficial.

I'm either finding them in tertiary markets that have semi-decent un-leveraged cashflow but low-appreciation potential, or low cashflow in higher appreciation-potential areas. 2.

This introduction sets the stage, explaining the magnitude of the situation and its potential impacts on the market.

No matter if there is / isn't dangerous air inside of the place you want to be taking action. 

Unfortunately, this means that I have to let this deal go, but it made me come up with a couple of questions about this situation:Does anyone have experience in partnerships where one partner's only real requirement is to sit on the loan and potentially provide interest payments when needed during the duration of the construction? 

That being said say it takes 2-3 years to move out rents could and likely will be higher and you could potentially refi to a lower payment.

@Bryce Henson my understanding after dealing with reverse mortgages is that the reason it’s listed too high is likely there are rules in place for selling them, there’s a determination of list price from the lender,must be listed at that level for a certain time, then they’ll re-analyze and potentially drop it if it doesn’t sell in that time frame.

It has a good cash flow potential, but Ive heard mixed reviews on the area. 

He emails out potential properties to be funded and the first person to reply with a filled out order form will be funding that loan.

Commonly, these proceeds are used for further real estate investment or costs related to the borrower’s real estate business and strictly can‘t be used for personal uses, such as paying off personal credit cards or any nonbusiness expense.DSCR loans are “primarily based on the property,” meaning that the lender evaluates and qualifies the deal mostly but not completely based on the property’s investment potential.