There should not be a $100,000 discrepancy in the dwelling coverage (based on a replacement cost estimate.).

Blue Ridge looks attractive based off my search and pricing there. 

They'll make you rip open the walls to inspect and then reclose them up on your dime.I'd say follow the municipal and lender guidelines as closely as possible for rehabbing, you'll feel better knowing your bases are covered.

I am based in Tampa but I cover from Orlando to Spring Hill, and all the way down to Sarasota.

@Sherry PattersonHey Sherry,I am an investor agent based out of San Antonio. 

The variance will be granted based off the site plan submitted at the time and the variance application.

I recommend looking into areas near economic bases - close to Nationwide Children’s Hospital, Ohio State Campus, New Albany, etc.

You need to understand the market, the tenant base and how these things work.

A DSCR loan, or Debt Service Coverage Ratio loan, is underwritten to the property income instead of your personal income/taxes/debts.

@Bob Stevensgood points, I was just saying that for this poster - who is based in NY - these properties look 'low priced' because they need big rehabs.