I worked with Martel Turnkey who are primarily based in Cleveland and Memphis and bought a SFH from them.

Blue Ridge looks attractive based off my search and pricing there. 

@Craig Anderson RaymondAs jd mentioned the answer is no.You should have used a licensed servicer to handle this as if you foreclose and they get an attorney to fight you good luck as they can argue many thingsBut to answer the question if someone is behind then no it does not go to current paymentUsing monthly payments as easier exampleIf they are six months behind they would be do November 1, 2023.

I am based in Tampa but I cover from Orlando to Spring Hill, and all the way down to Sarasota.

It sounds like you are placing into service as a rental a house that was previously a personal residence.Your basis is purchase price + improvements made to the house from purchase to the time it was converted into a rental.

@Patrick Philip Keep in mind banks will price there construction debt based on the Fed rate & expect to pay WSJ Prime +1/2 to 1 Point so 10% is not bad from an alternative lender at this time.

They'll make you rip open the walls to inspect and then reclose them up on your dime.I'd say follow the municipal and lender guidelines as closely as possible for rehabbing, you'll feel better knowing your bases are covered.

The variance will be granted based off the site plan submitted at the time and the variance application.

@Sherry PattersonHey Sherry,I am an investor agent based out of San Antonio. 

The DSCR loan is underwritten solely based on the income of the property .