Keep the money for the days it was vacant (ie if you rent it Aug 1, then you keep 1 month's rent) and any damage that you had to repair. 

Would you: A) Sell the lots now at a discount, take a loss but at least get some money back out to try and redeploy elsewhere. 

One transfer of money from a personal account to an account associated with the property and you're toast!?

The difference between the two is $4,300 (15%) or $4,000 (20%) but the rent in the area is still around $3,500-$3,700 (so you'll still lose money), but hoping that when interest rates go down and appreciation goes up, you can make money then.

While my wife and I have a good amount of private capital, I would want to do this deal with someone else's money and my sweat equity. 

Good morning, Has anyone had positive experiences with attorneys for the sake of lending private money for an investment property in the State of Ohio?

I actually just did a dscr loan to pay off the hard money I borrowed on the second property (where we live and rent the actual house) I estimate the appraisal to come in around $215-280K which if I were to take out 80% would barley give me enough to buy anything in the FL market and have cash left over for renovations.Not sure if im missing a step here or if it might be best to buy an auction home with that cash to flip and have more capital to have more deal options. 

Additionally, it's possible that your money will be locked up longer than it would in an acquisition investment.

If you make more money in cashflow from your rental than your current outflow it doesnt matter.

What a list does and the ONLY thing a list does is  "from all the people you are targeting, IFFFFFF just IFFF they HAPPEN  to be COINCIDENTILY motivated, CHANCES are there is enough probability left you can make money...