No answer is the right answer, just seeing what yall would do in this circumstance. 

For some reason, I thought that paying the points up front to lower the interest rate would be beneficial long term.I’m in a similar situation where a lender I’m using is offering these rates for another property I’m refinancing:- 5.75% w/ 1 point- 5.5% w/ 1.625 points- 5.25% w/ 2.25 pointsProperty Details for BRRRR:- Purchase: $43k- Rehab: $60k- Expected ARV: $110k- Rent: $1000/monthI know I’ll be keeping money in the deal since an unforeseen rehab expense increased the budget.

I know when it comes to funding these deals most lenders wont touch them, and that's because their is always unforeseen costs that can put flippers in bad situations with the total costs.

Even if a lease says "tenant is responsible for pest issues", that doesn't mean you are not responsible in certain circumstances:1.

Gabe, it is how your lease is written, generally you will have full rent will be paid no mater what the circumstances are with the 3 tenants.I also have the most solid tenant sign hi/her name to full rent and he/she is fully responsible!

From everything that I've absorbed from the Portland Market, I don't know why someone would consider an FHA if those are the circumstances (I wouldn't). 5% is fine within my budget, if that's the low end of normal.

I really appreciate the story about your tenant, and would hope that I would perform the same if faced with a similar circumstance.

Yet, the reality is that renters are suddenly being made to go back to normal when their economic circumstances haven’t improved much since the start of the pandemic.

I don't know anyone personally who is also involved in REI who I can go to for advice, so I'm not sure if my plan is necessarily the best route given my circumstance.

With this potentially being my first real estate project(other than my personal residence) does the condition of the home and the circumstances surrounding the out of state owner be something I should just avoid outright?