If the house is only to be used as a business asset then a small local bank has WAY more flexibility in what they can offer as far as loans are concerned.

We no longer can cash out refinance to keep them as part of the BRRR method.

My concern is the possible hiccups in the re-fi process.Experts what are your experiences?

I know there are some health concerns in buying a home this close, but my concern is not really that as of now.  

If you want to find desperate sellers learn from wendy patton or Vena Jones Cox.Their courses are also sold on ebay cheap.Basically, its use a bunch of marketing methods to get a huge amount of leads so you dont have to try to make every deal work.Direct marketing is a biggie.http://www.reiclub.com/freebies.php

Flyers in selected neighborhoods, direct mail, other methods?

That’s another story.Nevertheless, I’m still concerning what you’d said about the security deposit which I’d also read it from other post that said the same.

Interestingly, after the dust settled this past weekend, turns out this new mc is close buds with the old one, uses the same accounting method and resists changing.

I have seen a number of people on this board that have advocated this method...

My concern though is, it is listed for $259k for both houses, and they are easily worth $50k or more than that together, even if they look like crap on the inside.