Hi @Kent Kettell, assuming you're running the numbers on your end, any loan offer that enables you to acquire the asset given your level of cash reserves and reach your target ROI at the expected project duration, net of financing costs.If you don't already have a useful calculator to assess cost and profitability associated with fix & flip projects I'm happy to share a copy of ours!

He has been taking 14%+ hard money loan for last few years!

Our hard money loans (commercial real estate) and the existing loans we purchase are usually brought to us by mortgage brokers.  

Or should I focus on trying to make more money per year before buying a rental? 

I do pay an additional fee to run it through my personal bank.Bonus.

Most 4 unit buildings are running 30-40% more than they were a few years ago due to the value of construction being so much higher.

Have considered hitting it with herbicides and seeding, but not sure it would be worth the time/money/effort at this point.

Quote from @David Shirts: The first thing you need to do is unload this property that is losing you money.

Some repairs would be approved automatically, others would get run by me for the "OK" first.Does this make sense?

I do agree they will be coming down shortly.