The lender and brand will require experience when buying or building a hotel asset.  

That is tough to afford a $500 rent on one income much less a $700 - $800 rent required by investors paying in the $70 to $80k ranger for houses near these distribution centers.  

Key requirement is it must be the primary residence.  

Anything that get you closer to achieving your goal with the required skill sets.For some odd reason, the culture at BP focuses on what's free rather than what works best. 

Depending on the condition of the fixer, it may not qualify for traditional financing and require cash only offers. 

Getting knowledge from someone with local experience might be quite beneficial.Remember that identifying the best investing prospects requires patience and in-depth study.

@Roy CleevesWith power of sale they are required to get fair market value.

Typically our lending partners programs are as follows:Rates: 10% to 14% (Most Deals are 12%)Terms: 1 Day - 24 Months (Most Deals are 6 months)Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $200,000 we charge $2,500 minimum)Max Loan: 65% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)We have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VT, VA, WA, WV, WI, WY.

WA law requires us to split the cost of a fence IF my property uses his fence to enclose itself.

I’ve also done a tub shower that requires a shower curtain in a 3/1 and it’s been perfectly fine.