What is the new appraised value and how much do you owe on the property?

If the class of neighborhood is C or D, this will be more difficult/ In terms of getting better bang for your buck, usually the strategy would be to buy a little beatdown home in a nice neighborhood, as this tends to get you a higher value once you put a bit of work in.

The neighborhood (average in appeal) is poised to increase in value as it's in hurricane effected area.

First of all, I'd think they would just take the property back so long as the value was equal to or greater than the loan amount.. 

Primary residence 10-year ARM How did you add value to the deal?

My recommendation is to focus on Stick-Built, Brick & Mortar property versus Mobile/Manufactured, main reasons; 1) Investor appetite, 2) Appreciation factor, 3) Re-sell value, 4) Future buyer/investor appetite.

How did you add value to the deal?

How did you add value to the deal?

I don't care if the value of the asset fluctuates as long as the area is poised to remain a B/C+.Single family not preferred.

Conduct thorough market research to comprehend the potential real estate markets, considering aspects like employment growth, population trends, rental demand, property values, neighborhoods, schools, and local laws.