Exactly if its a hot deal cash just means you beat out the next guy who needs financing does not mean deep discount .. at least in markets were RE is sought after.

How can you deploy $250-270k on the next deal because that's realistically your equity position after the remodel.

Does not get more current as this quote was from just after the LA fires. 

For example, Ohio Real Title provides property lien search services across all 88 counties in Ohio, making it a convenient option for obtaining a thorough analysis before bidding on a property.Ohio Real Title is the company I use, and we have a joint venture with them.

After my taxes and penalties, I "lost" about $145,000. 

Here’s a more polished version of your message:Hello BiggerPockets community,A close friend has been encouraging me to get into real estate investing for years.

:(If they are unethical, you can file a complaint with the Florida Real Estate Commission: https://www2.myfloridalicense.com/real-estate-commission/complaints/

It would be our second up down house hack, however, with interest rates in the high 6's, it would probably not cash flow after moving out.

and are you certain that the appraisal is based on AS IS value and not subject to value (ie value after repairs)? 

-If we made the repairs, I'm not even sure we would break even after the sell.