I would say that was worth it.I don't follow your logic that the other appraisal should compel a buyer to go over $3M.If you have seven offers, it is not very likely that you will see a higher offer at this point.

I do realize some margins are tight but a minute of lost sleep to me is worth more than $1k.  2 minutes of lost sleep is worth more than $2k.  

Just to anyone reading this, I am specifically seeking knowledge and info on his course, NOT whether it's worth investing money with him in notes; that is definitely something I am more skeptical about. 

I'd also do a quick check on any utilities that she's paying that remain with the house to make sure they are paid up.If you have a full month's deposit, even if she doesn't pay for the second half of May and part of June, hopefully she leaves the place in good condition and you can use the deposit for unpaid rent after she moves out.

So the power is really in the fact that it is a heloc/checking account combo.

In my experience Loan to After Repair Value (LTARV) is most commonly used as an Underwriting metric to ensure "the juice is worth the squeeze", or in other words, to make sure the project is worth the investment.

With all that competition, do you think it is still worth trying to invest in STRs in the area? 

The property is worth approx. $450k and I will have $300k in cash once it is sold to purchase other investment properties.

Thanks for the tip, I will check out this week. 

These aren't ranked in any order - just based on boxes checked for cabin searches for the last 12 months.- Mountain views- Onsite fishing/waterfront- Game room/arcade- Wood burning fireplace- Access to pool/swimming- Hot tub- Outdoor firepitIf you have a great mountain view or are waterfront, you are definitely starting out on 2nd base.