I am also figuring in the high mortgage rates that don't seem to be going anywhere soon.Thank you for any insight that you may have!

Pros I can think of: - higher rent rates (renting by the room) - saving cost and time on upgrade - easier advertising Cons I can think of: - high turnovers  - limited screening - possible wear and tear  

No lender is going to risk their own borrowing power on an already great performing asset.

We would consider a “walk-in castle bed with a slide” to be highly themed.

If you feel confident in running numbers, I would say your first step is to reach out to various wholesalers and get on their distribution list.

This improvement suggests a growing buyer interest and possibly limited inventory, creating favorable conditions for quick turnovers.Toledo OH - RE Analysis (April 2024) - House Sales (1).pdfDemographics and Economic FactorsPopulation and Economic CharacteristicsPopulation Size: With a smaller population of 5,341, 43620 offers less competition in buying and selling, which is beneficial for flippers targeting niche market needs.Income Levels: The lower median household income ($27,442) suggests a demand for affordable, refurbished homes—ideal for flipping projects aimed at cost-sensitive buyers.Housing and Ownership TrendsRenter-Occupied Properties: A high percentage (68%) of renter-occupied properties indicates a transient population, potentially less targeted for flipping.

If they have actually proved mold (highly unlikely) the next step is to carefully evaluate their report and see whether the tenants actions/inactions may be the source of the mold...

It could make sense to take advantage of minimal competition and relatively "low" home prices while interest rates are still high.2.

Think of it as BiggerPockets-plus with serious policing powers to boot.  

It may increase your vacancy when tenants discover they can no longer afford to heat their unit.I would add this:Since the TX power grid has proven unreliable and the providers can price gouge (how the justice department will challenge that remains to be seen), you could possibly ask premium rents by adding a generator / transfer switch to each building.