Bridge loans can be extremely useful for situations where you may be purchasing a property that has tenants already in the property who are well under market rents to the point where a DSCR loan wouldn't cash flow.

Are you sure you aren't WAY under market and not just a little? 

Obviously there are mature markets where this no longer stands out. 

If you're custom building $100,000,000 in Palm Beach and that is their bread and butter market, they'll probably do what they can to make it right.

Hello, I am a new investor primary looking at the Columbus Ohio market.  

Hey Melissa,I shared your question with a marketing consultant I work with.

I'd also send them the manual for whatever unit you have which should contain the recommended operating temperatures (and min and max).Edited to add it also depends if they are normally hot or cold and how they are dressed.

From asking around the community, it is difficult to find cash flow under the current market conditions.

There's a few other things to think about too: 1 - Possible owner financing if he wants to still get a stream of income into retirement at an attractive rate compared to the rest of the market (win/win scenario, you don't need to come up with as much cash, and he makes a little $ on the %) 2 - Consider a post possession if he needs some time to move out but needs the cash up front for whatever reason 3 - Leave all the furniture/junk in the property and you'll handle clean up etc. 

My area (Anacortes Wa) doesn’t seem like a good market for multi family.