Also, If you get a good quality tenant they will pay direct to your bank account or mail you a check monthly.

I am currently house hacking a 2BR/2BA condo in Illinois, renting out the 2nd bedroom, and using that income to do renovations, with plans to transfer out of the military in 2021.

(Your loan was for a flip, and presumably for a business purpose, which means the San Francisco Federal Reserve bank rate also plays into this.

Banks will not refinance if I have bad credit.

Some tenants go directly to my bank and deposit their rent directly into my account. 

When the local market started really heating up, the banks dumped as many as possible.

I hired a lawyer who got as far as talking with the short sale group at US Bank.

Hello  fellow BP'ers!Hope all is well with everyone! Our family has a four-plex that my dad is looking to give my brother and I to manage and own; so he can focus on getting promoted and maximizing his pension. My bro...

We have other rental assets here on the East Coast that we'd like to transfer into a CA rental property via a 1031 in CA and rent out the unit for two years.

It's possible with a longer time on market, they may be open to a lower price.2) being sold by owner - may be more opportunity here. price may be over/under market value.3) foreclosure - bank is motivated to sell. may be willing to sell under value especially in a slow area.based on this, it seems like best bet would be to pursue houses sold by owner, foreclosures, and listings that have been on market for a while. there also is a whole other approach of finding motivated sellers - drive bys, bandit signs, etc.