I did not evict him so he has home to go to after hospital, allow nearly 18 months for him to catch up on rent.I would only offer what I would normally offer for this type of deals, no different vs. other deals. 

We do have a mortgage so insurance money goes to the lender which then does inspections to release the money.If it's still a desirable area it will still rent post flood.

Got to go hit the books. 

I have heard that it might be better to get HELOC but also maybe better to go with the refinance.

Very few have tha cajones to go in when the market is bad like in 2009. 

This is really the only way i think this deal would make sense but raising the rents $200+ per unit would likely mean turning over current tenants which would mean additional costs to go with that.Thank you in advance!

I'm sure it is no surprise or secret that Texas is a very hot and desirable real estate market.

I know the desire to kind of 'stick your toes in'. 

When I talk to sellers Agents (and mention double dipping), I hear a lot of:"I think the sellers would be willing to go down to $60000 (on a house listed for $62000) and $58000 for an all cash offer."

I am looking to connect with any flippers in the Columbus market who are professionals and have the capacity & desire to take on more deals.