I don’t charge anything until the closing with all funds being escrowed by the title company/attorney.  

it’s a closed system and  no clue what’s happening behind the scenes.they have unpaid tax bills on their properties and they have taken loans on top to pay those bills because the property revenues can’t cover those bills for example this one https://www.lofty.ai/property_deal/4318-Clybourne-Ave_Clevel...

This is why some houses don't go off the market instantly, because the diligence fee isn't nominal.Most agents will push you to put up a considerable amount, close to 1% for the starter houses and some want you to try to do 5% for the high-end areas.

We're considering our options for moving forward.Numbers:Purchased for ~ $230,000 (2.5% interest)Remaining balance ~ $220,000Appreciated to ~ $400,000Cash flow is ~ $500 a month after setting aside for all reservesOptions we're considering:1- Cash out refinance- at current market rates, rough estimate is that we could access close to $100,000 in equity, but our cash flow would go to $0 or possibly negative for a period.2- Sell now - if we sell before the end of the summer, we could still qualify for living in the property for 2 out of the last 5 years for the additional tax benefits.

I recommend starting close to home so you can drive to the property.

It may be easier to offer the Tenant $6,000 to leave and be done with it.Unfortunately, many bad tenants have no fear of the legal system and they will continue to abuse this until you are run dry or the court finally forces them out.

Before he closed on the property I pointed out that his property taxes will significantly increase after a year when the property appraiser registers the new sale, and that insurance in Florida is going up by 20-30% a year right now.  

Currently under contract for a large off-market residential property.Quick details: 4,200+ sqft 12bed / 5bath (2 kitchens) (No a flood zone)(Light - Medium rehab / rent-by-the-room play)My partner has been a PM in this community for 20+ years and is highly confident in this deal (as am I).The current issue is, we aren't confident the property can close with a bank due to a few seller complications.( ^Very long story, but if you want to hear it I will tell you haha)We're looking to over-raise about $335k ($255k purchase and $80k for the rehab).But we (and our contractors) know the rehab portion will come in a bit lower.Can anyone point me in the right direction?

I may have a buyer - I have closed a few deals for flippers in Killeen.

Be sure to check with someone that knows the local STR rules and regulations to make sure you can legally do it.