And the childish notion that prices will plumet is ignorant of fact of sellers CHOICE on what price is worth it to sell at.

Let's just say tackling those problems head-on was no walk in the park, but it was worth it in the end.

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.

It would be worth your while to have an accountant who knows you and your income streams etc to answer your questions like this.

It’s worth it if they’re actually finding, sending me deals, introducing me to lenders and contractors.

Agreeing with everyone above, but if you do decide to add this remember the logistics. 

Depending on amount of damage vs deductible it may be worth or not worth itAlso if it’s vacant and was under renovation they may say you were Donny major repairs which is builders risk and may not cover it.

The property has been vacant for several months, and needs (~$10K worth) of rehabbing.

If you get a property for $15k at auction here in SFL and it's worth $250k, you just lost your money 99/100 times.A $55 title check goes a long way.Only options you have is to rent until bank kicks you out to try and recoup some investment, if it needs fixes don't put money into it, you will not get a penny back from anyone.

It is very expensive though, and for a duplex it's not worth it.