Bought under value and currently adding a couple more homes and have brought two new tenants in as well What was the outcome?

I do not understand your remark as related to the DSCR loan.  2 ADUs are not allowed by f/f conventional financing but is not always enforced.Fortunately if you stay with the current tenant without a refi, by the time you pay principle it is likely the rent will have increased enough to absorb the increase mortgage payment. 

Currently being experienced by plenty of Floridians. 

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I currently own a commercial general contacting company.

I can pay for all my problems using the cash flow from my current rentals.

Due to current interest rates, many CAP rates are much lower than they should be and usually there is only so much price discount a non-delinquent seller will be able or willing to offer.

This type of asset would provide much less of a headache than what you're currently experiencing with your rental property and provides diversification across assets.Would be happy to talk through more if you have questions!

If you spend the entire $300k restoring the property, then here is the end result:- deductible casualty loss of $50k- no current tax- the restored property has $0 basis and cannot be depreciated- when it is later sold, the entire sale price is taxableMechanics and reporting are tricky, and I would not recommend to DIY it, especially since my scenario is over-simplified, and your real scenario is likely to involve more gotchas.Thanks so much. 

Hi Jaycee,I currently own 40 doors and I have good equity in them.