Fixer upper deals are tough starting out

It sounds like you're in a bit of a tough spot, but here are a few options to consider: Go through the full report in detail to identify any errors, discrepancies, or inaccuracies in the comparable used.

It's tough to filter these furnished units out on Zillow and if you don't pay that fee - your listing may not even come up when a potential resident is even using "Furnished" under keywords search option.

Oof, that's tough. as a realtor I'd say you need a CMA from a realtor (or someone with MLS access).

Good Offer Price: Without knowing the current bleeding amount, it’s tough to give a precise number, but generally, aim for 70-80% of the after-repair value (ARV) minus the cost of repairs.

If the lender gets spooked by the transfer, they could call the loan due immediately, and that could be a huge problem unless you have backup financing ready to go.2️⃣ As for conventional lenders doing a rate and term refi with a second loan in place, it's tough but not impossible.

But... the market is very, very tough right now, and what I tell everyone in your position is: if you're serious about it, you have to pick a market, go to it in person, and be willing to spend time in it in person, building a network and getting to know it. 

I had one particular vendor with high standards that would exaggerate anything he found.My rule of thumb: people can live how they want to live as long as they are not 1. damaging the property2. living in filth that attracts pests3. impacting the neighbors (e.g. odors, junk detracting from the neighborhood, etc)4. creating an unsafe situation (e.g. hoarding and rescue workers can't access the home)When I visit a property, I document any issues and talk to the tenant.

Andrew, honestly just keep going.You'll be worth 8 figures soon.Not many people love their jobs, but it puts food on the table and you are clearly good at it if you've been doing it so long.Use some extra income to start getting into RE investing.If you get a seller to carry 15% in 2nd position, you just need a 10% down payment.Its tough to do but everything in life takes sacrifice.

Might be tough from area to area, but I typically find that homes built before 1950 that were converted from single to multi family are 9 times out of ten - a full gut rehab and way too expensive for first timers.