They wanted a conventional loan, and qualified for a conventional loan from a different lender.  

If the challenge is "selling" a deal on a burnt out shell to a conventional lender, try this: Get private or hard money to acquire and rehab, get leases signed, THEN refinance through a traditional lender if you can meet their LTV requirements.Again, it's only a 4-unit.

Either way seems to me that there are properties/inventory here and there's a market/need here so I will keep moving forward.Haven't closed in deals yet just some "close but no cigar" deals, it will happen I just need patience and persistence.

Right now, prices are increasing and inventory is decreasing.

Personally, I will ride the wave as a holder and if the trend fades back to ownership preference, I am already stocked with inventory ;)

We knew the market was starting to make a comeback from the bottom, and was getting ultra-competitive as big investors were making all-cash offers and inventory was limited.  

When the time comes to get another personal residence, use 5% conventional financing to maximize your leveraging.

l sometimes think that these sealers work just long enough to give the flooring contractor a decent amount of getaway time.There are some solutions, but very often in these situations there are flooring types and/or conventional install methods that just aren't going to work .  

I focus on investing in buy and hold rentals, with conventional financing, seller financing, and most recently BRRR rentals.

Actually, I think you hit it right on the head with this one, we are not Detroit, we are CLE "Cleveland" Our housing stock and rental market is lush with fruitful inventory, we have been a workhorse during tough times and a stallion during good times, I recommend checking out some of my other posts about CLE, and I encourage you to come visit us, I assure you that you will develop a whole new perception of our great city and everything it has to offer.