Obviously, these people still deserve safe housing, just like everyone else, but from an investment perspective, they are a higher risk pool.

For now, I am attempting to replace my tenant as quickly as possible, as per Iowa law. 

I'm currently doing a condo conversion project in Medford for a quick return.  

However, I quickly realized that no one there had done a deal. 

thanks you very much for the detailed and quick response.regarding hoa control - not allowing tenants anymore, how realistic is that?

They are looking to close quickly. does anybody have any tips to increase my chances of success on purchasing this house? 

Hello BP,I’m in need of a local commercial real estate closer within the Spring TX and Houston TX region.Need to close a deal urgently as quick as possible.Any recommendations will be appreciated.

If it's an SFR you could technically get a HomeStyle reno loan on it, but that would be a lot of closing costs and other nonsense just for an extra $5k.I'd suggest credit cards or other unsecured borrowed funds -- get it done quick and sell it quick to pay it off. 2nd best might be some sort of equity deal with another investor who has $5k to invest. 

And I presume it will get to 5 pretty quick unless you have great credit depending on area. 

I have a principle of 9K left on my car which I plan on using the extra savings to quickly pay it off so I can have an extra 350 to save and invest.