The goal is to find out how much value can you add to maximize your rents and be able to move out and cashflow or at least break even then rinse and repeat.

I've owned the property for about 7 months. 1) I can drop the price another 13% and break even. 2) Drop the price 1-2% thought-out the next few months and hold until it sells?

Just buy and hold

We decided to keep the March bookings with the current PM but temporarily hold bookings for April.

Add renovation costs, holding costs, and most importantly lost rent while remodeling to the home needing a remodel.

I guess I could be considered a buy and hold or BRR investor out of Owatonna with properties in Waseca, Owatonna, and Albert Lea.  

Investment Info:Single-family residence buy & hold investment.

you have closing costs on the purchase, holding costs during the rehab, and closing costs and commissions when you sell.and the short answer is no, it's difficult to get conventional financing on both ( 1 ) cheap properties and ( 2 ) distressed properties. 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

They are holding it in Mission Beach.