Note, Jacksonville FL is the largest market (area) in the nation and fairly nuanced.

Also, they're buying it just over a 5% ( noi 3 / 58) cap rate and planned to sell three years later at the same 5% cap rate, with the largest influx of new Class A multifamily to the Atlanta area ever in the next three years to compete against this Class A property, which should only continue to drive down rents or prevent NOI growth at the least.

For flips the largest value adds are bathrooms and the kitchen so this could be something for you to wait on until you either are ready to sell or see that the condition has gone down of the existing countertops.

First off, you can provide all the links you want about $1266 being the maximum including utilities that section 8 offered in 2021 or even 2020 for that matter but the LARGEST section 8 agency in Detroit (with perhaps the exception of Detroit Housing Commission, aka DHC.) and Michigan which is Michigan State Housing Development Authority, commonly known as MSHDA approves up to $1478 including utilities.

In late 2002 I received a call with my contact at the commission who informed me that (1) the commission would be dissolved due to the Texas sunset Laws and its functions merged into the Texas Finance Commission and (2) the director of the Texas Finance Commission considers fractionalized mortgage notes a security.  

Long story short, cosmetically ugly and out of style is fine, not functioning isn't and WOOD ROT is a major no/no with FHA and VA appraisers.

Hi Rebekah,I work for one of the largest STR management companies in the country and Branson is always a high performing market for us.

As far as my lender I started with small multi family and had met the woman in charge of residential lending at my bank over the years at various local functions.

In such cases, the property should ideally function as a flip, benefiting from either market appreciation or improvements ("forced appreciation") to maximize its value. 

The limit on the line will mostly be a function of the CLTV on the property, your DTI, and the lender's risk appetite.