But even if that theory is correct, your business is dealing with a general overheard burden that local investors don't have.- you can't swing by to really understand what's going on. - this leads to management inefficiencies and waste- you have to rely on other people's judgment- you have an overhead cost burden for doing things remoteIt is tough enough to organize a carpet & paint rehab remote (ask anyone who did it the first time), let alone a full-scale BRRRRR.

The challenge was ensuring that even minor updates added significant value.

That would allow for me to save some money on the down payment and aquire other flips/rentals.

We learned that even in fast-moving markets, maintaining a balance between speed and strategic pricing is crucial to maximizing returns.

There is even more options on hemlane about them providing some sort of payment card.

(BTW, that agreed on price should be the main data point in value).Even in a commercial appraisal, applying a cap rate to determine value, +- a quarter percent, which is a perfectly reasonable delta amount, will swing those values dramatically.Like BPOs, appraisals also use terrible comps many times, especially when they are doing so blind with no set sales price set to achieve.

I have an investor that will loan the down payment and so I am going in on this deal with no money down.

Even a rent to own type set up, again with the customers property as collateral as well. 

You are already losing money on it so you should either cut your losses and sell or be comfortable losing money on a monthly basis with the expectation to make it up on the sale down the road (see you're in FL so you might need to wait a few years).

They can be more flexible and may provide quicker access to funds.Private Money Lenders: These lenders can offer more flexible terms and faster approval processes compared to traditional banks.