They should not have been this off and you should always use the worst-case scenario as your target number when you are doing a flip or BRRRR.If I were you and a sale wouldn't net enough, I would do mid-term rental there instead of long-term rental so you can earn more, but still not have a ton of tenancies.

We have expansive soils here (clay that expands when it gets wet) as well as some older cast iron lines and even some orangeburg so it's common to see sewer line issues (often just some tree roots that need to be cleaned then the line re-scoped).

I wouldn’t think those are common numbers.. if you’re buying properties at 26K regularly that’s a different story.

The best house hacks cash flow from living in the smallest and renting the biggest so you need to work out all the scenarios that could come up.

The most likely scenario is that his renters will eventually do something that costs him a significant loss, despite cutting them a major break for so long. 

The key is understanding the timing and evaluating the full picture, including costs like prepayment penalties and potential closing fees.Your breakdown covers all the scenarios where refinancing could make sense—businesses just need to ensure the benefits outweigh the costs and risks.

@Roger Mace I don't understand what your asking, who's "high" in this scenario??? 

Yet, it seems common practice for wholesalers to use this contingency to back out of the contract simply because they have not found a buyer within the inspection period.

If you havent already, run scenarios with your lender to get an idea of upfront & monthly costs for getting a heloc vs selling and then purchasing a MF as a primary. 

The other picture (with the green boxes) is the return for possible scenarios - MTR, STR, LTR - but all have negative cashflow.