Many properties are sitting on the market for over 1-2 years if not more, however because it's nearly impossible to get a mortgage to buy here and everything was bought cash people do not lower their prices accordingly to reflect the demand of sales.

I don't know if you accepted this tenant or not but I am just pointing out that with the term of say 1-6 months you won't get the same kind of tenant as if you do long term so your criteria needs to reflect that.

The median sale price has risen to $650,000, an 11.11% increase that reflects the undeniable allure of Palm Beach living.What's more, 48.8% of these sales were paid in cash—a clear sign of strong buyer confidence and a testament to the value of these homes.

That was my decision, not a reflection on them. 

They may look at your experience, but this is likely only going to be reflected in your terms (rate and LTV), not in whether they will do the loan or not. 

Long story short, the place is completely clapped out, and needs a pile of work on the outside/mechanicals, and the price reflects it.  

Is there any way the county records can be updated to reflect the modifications.Thanks.

But the main purpose behind the seasoning requirement is to give the market time to reflect the change in property values and avoid artificially inflating values on the asset itself.

All cash investments and leverage would reflect % share of the deal.My question for you wonderful BP contributors is this.

By then, you have hopefully rented out units and/or raised rents to reflect your renovations and created what's called "forced appreciation".