Yes, the FN programs are the least favorable in terms of leverage/rate. 

From experience, when dealing in financial/property distress, these sellers tend to be a bit less sophisticated, or ambitious in terms of doing the work themselves (which is probably why they're in the situation to begin with).

However, to get to the point of needing any of the above, you need to know, physically, what you are buying; what the true condition of each element is, how soon and at what cost it will need to be replaced; what does your desired Tenant pool expect in terms of floorplans and finishes; and who will be able to perform the needed work to meet your time and money requirements.

If you're chasing 14-day closes with a brand new lender, you're either overpaying or the lender is taking on risk you'll pay for later in terms or rates.The guys pulling 90-100 LTC with 7-day closes?

This sounds like a simple design question, but it directly impacts bookings, reviews, and long-term ROI.Most investors think in terms of square footage and bedroom count.Guests, however, feel bathroom friction immediately.From what I’ve seen reviewing STR layouts, the bathroom-to-bedroom ratio is one of the biggest silent performance drivers.Here’s why.When groups travel — families, couples, friend groups mornings and evenings become traffic jams.

I looked at their Houston Fourplex presentation deck and it appears that the Southpark project is almost the same in terms of building design etc (the interior pictures of the fourplexes are exactly the same).I too am considering investing in their Southpark fourplexes so would definitely appreciate people sharing their thoughts and investment experiences.   

It needs to be more flexible in terms of type and amount of info that can be added and easily retrieved. 

If the contractor doesn't have skin the game to ensure no overage or stoppage during the project then there's no accountable for them to take the money, complete some work and leave.On the investor side, you have to ensure your numbers are correct in terms of ARV or evaluation.

In terms of financing, I would go with community or regional banks.

He once indicated he was going to catch me in terms of re assets but I believe no longer has that as a goal.