This, again, is not the best part of town, but all I am doing is making the units attractive enough to find a tenant with steady employment and a decent track record.So, my repositioning here is to take a mostly vacant property, repair and rehab the units into habitable conditions, find a tenant and move on to the next one.  

So this is naturally attractive to those who need to raise money.  

No reason to put top of the line custom cabinets into a rental unless you are really attracting the high end.

I'd really like to refi into something close to what the local bank is offering as mentioned above, but at 75% of ARV instead of 80% of purchase + repairs.Either of these options would allow me to get by with only 50-60k in total cash.I am leaning toward 2) a) as the easiest option, but not the highest return one.3) a) seems attractive if I can get it.  

I'd really like to refi into something close to what the local bank is offering as mentioned above, but at 75% of ARV instead of 80% of purchase + repairs.Either of these options would allow me to get by with only 50-60k in total cash.I am leaning toward 2) a) as the easiest option, but not the highest return one.3) a) seems attractive if I can get it.

The first option is particularly attractive as the bridge loan provider does not need to worry about other liens on the property, and the borrower does not have to make any payments until the old house sells.

Also, though not common in Utah, if there is an HOA, you'll also need to check on rental restrictions with them.I purchased a single family home in Roy this past winter and it rented rather quickly at an attractive rate.

A lot of different items, or terms, impact the attractiveness of the offer such as closing date, earnest money, seller concessions, your reputation, and where your money is coming from.

It's an attractive thought, but i've been wondering if it makes sense to keep saving for another year or so and buy a more dense property, maybe a 5+ unit building.

The cash buyer who can close quick and get me money sounds pretty attractive this time of the year.