Low-cost of living, plenty of land, great amenities and food, relatively safe, and in an economically strategic trading location. 

However, a more likely scenario is to let the buyer know you won't accept a lower price, or not as low as the appraisal and the buyer needs to contest appraisal to get it up.With flips in particular, I always have an "appraisal package" that I leave for the appraiser, if I can't meet them in person. 

Food, Gas for the car, insurance for the car, clothes, utilities for the home, Rent or Mortgage?  

It's in an C neighborhood, and located about 75 yards away from non-profit organization which gives food to the homeless, and has 4-6 people living on the corner at all times.

We're still pretty heavy on POH but slowly moving them off the books.We're starting the process to refi the package together within the next year to pay off the seller and our friends and family investors who came into the deal with us.A few lessons learned:1.

A future owner would rather buy a package than one single small location.  

I don't want to but I want to be ready if the market dips so we can jump in and buy a large package of properties.

I'm not the first lien as I had seller financing on it when I bought it in a package, only owe 20k, so I'm curious if anyone has any insight into this type of situation.

As I dug further I saw that this was not the case, leading me to conclude that ultimately:My loan options are going to be limited to condo-friendly loans (probably a commercial loan on a package of properties).My ability to guarantee ongoing operations is limited (this is true in most places, but here in OKC we've seen recent examples of Owner Associations deciding that rentals are no longer permitted . . . woof!)

@Tuan TranWe have been pleased with Buildium; there base package I believe was up to 40 units.