We are now upon April 2024, and at the rate things have been going, still have a ways to go (finish ducting for forced hot air, insulation, sheet rock, paint, flooring, kitchens, bathrooms, finishes, and anything I am missing to bring the units to whole).

What are the top 5 zip codes in Columbus, OH with the highest rental cash flow, lowest turnover/vacancies, lowest crime rates, great schools, and great employers for residential 2-4 unit single-family home neighborhoods?

It would be seen as a rate and term transaction, and your client would have to pay lender fees, third party fees and escrows.

I also totally agree with what you said about response rates varying by market.

You are estimating using financing at today's rates, BUT over time you will likely be able to refinance to a lower rate.

@James WiseI am going to borrow the money to pay my buyers agent from a crocodile lender, then ask the seller to sell it subject to and finance 100% the equity at 0% interest I will then take an advance on a credit card that is 0% and within 12 months I will be able to refinance everything when rates go back to 3%.

You want to know where they have studied, how often have they done that procedure, how amazing is their success rate etc. etc right?

Interest rates were very high in the 80s and 90s.

It looks like there are about 1,200 listings in the "Village of Four Seasons" section near the Bagnell Dam.The entire area rates really low for seasonality, so you may consider how much a week in the summer will actually cost you if that's your "break-even" time.Happy to give you more data if you're eyeing a specific property or ZIP code.

You could partner and offer a preferred equity position (i.e. payment of a set interest rate on a monthly basis + some type of fixed annualized return when you either refi or sell).But with either option, which are your most realistic options for this deal, you will have to show some significant upside.