Get back to me when inventory is where we were pre Covid.

First, find an excellent realtor that is familiar with Nashville and has been in the RE game long enough to have seen the ups and downs from pre/post-Covid.

I live in the San Francisco Bay Area and acquired 2 properties (one SFH solely owned and an apartment complex, co-owned with other investors) pre-2013.

Steve: If you are going to bid on an Ohio Common Pleas Court  foreclosure, the process is pretty safe because the foreclosing lender has to include a "PJR" which is actually a "Preliminary Judicial Report" which is a title report and include a commitment for title insurance should the bidder be successful and the property to be conveyed.This differs from a liquidation auction by a lender, private auctioneer, receiver (other than an actual foreclosure case) where you might be successful but the property has pre existing liens that don't get swept away by the foreclosure case.For your first one of these, get a lawyer to advise you.

Example - Answering critical questionsYou must answer critical questions from guests in accordance with the timeline below:5+ days pre-stay: answer within 24 hours2 - 4 days pre-stay: answer within 12 hoursOn the guest’s check-in day and during their stay: answer within 1 hour (for messages received between 8 am and 9 pm in the property’s time zone).Examples of critical questions include; access instructions, arrival concerns, missing or broken key amenities, health and safety concerns, property location, outages, weapons, accessibility, and service animals.Note: You must provide a resolution to the specific issue or inform the guest when it will be resolved.

Most of what they are asking is consistent with what I already do (I may have to change some of my timing) but boy, it makes me wonder what other hosts are doing out there that they have to make this a policy.Answering critical questionsYou must answer critical questions from guests in accordance with the timeline below:5+ days pre-stay: answer within 24 hours2 - 4 days pre-stay: answer within 12 hoursOn the guest’s check-in day and during their stay: answer within 1 hour (for messages received between 8 am and 9 pm in the property’s time zone).Access or Check-in instructionsYou must inform guests how to check in or access your property at least 72 hours before their scheduled check-in time.

To get pre-approved for financing, consider factors like neighborhood demand, cash flow, financing options, and long-term vision.Good luck!

Go back to at least 2019, the last year pre-covid.

I can not fathom how you were not informed that this was a DSCR loan and you should absolutely inquire about the specifics such as whether your are IO or not and the pre payment penalty. 8.4% is high in todays rate environment, even for DSCR.  

We then wholesale it to me, I get a mortgage (I've been pre approved by several companies for 500k) for 400k and take possession as my primary residence, pay back the hard loan, (350 all in for 9 months) and split the difference.