In one instance I was told that the seller was expecting 92 to 94% of UPB, which was in that scenario equivalent to a 85% LTV, and I thought this was too high for the amount of risk and unknown involved.I would love to be buying these around 50 to 60% LTV but don t know if that s realistic currently?

Quote from @Dennis Knapp: they got ahold of me on fb through one of my groups and claim to be a direct lender. they seem to good to be true.

They allow up to two dwelling units per lot but that seems to be more for like a finished basement unit.

I am attending the 3 day event in a couple weeks.

Quote from @Natalie Allie: If you are still considering the Land Bank in Detroit listings, just be careful to check with the city on whether or not the water needs to be reconnected.

Are properties such as this more appealing to buyers with renters already on leases or will I get more interest and a higher sales price if I sell the property vacant?  

I did see that mentioned in a LinkedIn post actually today, the clawback rule. 

Dive in, ask questions, and share your insights—we can’t wait to see where this journey takes you!

Expenses sound high, but 6 1/4% plus appreciation for doing nothing, sounds good to me.Does anyone else in this group have a condo hotel? 

Hello Bezhad, welcome to BiggerPockets!