My contact info is in my profile.

Hopefully you don't mind if I quote from your profile: "I have provided funding for property acqusitions, repair, holding cost, and new construction.

@Howard Krieger - please check out my profile and contact me via my email account if you want to discuss your situation and see if I can help.

Your PM is probably right that you current tenant profile may not deem your renovations a value and hence rent increases may be difficult.  

from my perspective its critical for the flippers to live within 60 minutes drive of the property.UNLESS they are high profile or high production type folks.with tons of experience anyone new or newer I personally would in no way lend to someone who lives in FLA and is trusting someone in IL to carry through

. - after reading your profile i see why the confusion.

That aspect along is certainly worth giving LR a look, but cash flow is king here.http://www.getricheducation.com/project/89-landlord-friendly-state-u-s-little-rock-arkansas-market-profile/

The only other - legitimate - option would be a short sale, and she probably thinks - in error - that she can keep that off her credit profile somehow.I'd talk to her about a short-sale and if she balks, walk away.

Our client wealth building intake sheet asks dozens of questions to ensure you have the right fit and the right plan: Do you prefer A class markets with lower CAP rates and a higher class of tenant/safety profile, or do you prefer to maximize CAP rate and desire a C+/B class property? 

Go to the website address in my BP signature or profile (fixerjay.com), then on top right side of page, see the search box, type in "PLAN".I also just started a BP blog and will be posting many ideas for newbies, Good luck.Fixer Jay DeCima