This is because the assessment limits reset to the new, current market value only upon purchase, making it less advantageous for homeowners to move.

You can likely still sell the house and move on if you need to.

They seem to have a good team but this is something not thought out it seems , in their support I do have DSTs which have had the same issue and have not been making payments. 

If you can’t increase cash flow or refinance soon, selling could be the right move.

As a result, I had to move forward with a septic replacement.

It seems like a lot, but it’s well worth it to be able to move a deal quickly.

I would never advise my customer to take a 5 YPPP considering we are have been moving into a downward trending rate market since 2024. 3 Year Prepay Max but if you plan on doing renovations or taking cash out on the ARV then a 1-2 YPPP would be Max.I would also advise buying the rate down before you decide to take a 5 YPPP using seller credit, equity or closing funds.

Looks decent.Some things to consider:Holding Costs - you will be paying your HML interest only payments for however long it takes you to renovateA Full Gut for 60K seems too good to be trueRemember your ARV / Refinance interest rate are moving targets.

Even if the rental has a decent cash flow with additional flood insurance, we're still not sure we want to take on that risk as we are out-of-state investors (planning to move back to KY in the future, but not now) and we don't like that it will potentially bring down the perceived value when we try to sell it in the future.The seller has never lived there and has not provided any information on if it has flooded before or not. 

I use eforms.com for all my contracts and smart move for all my background checks.