In reality, that’s not always the case.I’ve seen situations where:A loan modification gave the homeowner breathing room.A repayment plan reinstated the mortgage.Equity allowed them to refinance and reset their financial footing.For me, this was a mindset shift: foreclosure doesn’t always have to mean “lose the house.”

The fact that the tenant does not have to pay to restore modifications that were made for their benefit. 

In talking with them, each unit will require two parking spots and depending on permeable/semi-permeable  options, will require storm water modifications.

Always.It's not the Realtor.It's not the Seller.It's not the Appraiser.It's not Zillow.It's not the News.Only the buyer.Doesn't matter if it's 70% of it's ARV.Or if it's $100k over asking.So having the right buyers is themost vital piece of a successful RE career.Your on the right track Adam, but missing 1 vital link in the chain, which makes for a very important modification in this: It's is the buyer, and always the buyer, who ESTABLISHES the market/selling price. 

Quote from @Harriet Vital: It's a great space to be in IF you are thorough with due diligence. 

It's been a vital aspect of my success.

PM tech has always and will always be super vital, so I'm not an AI hater by any means.

I believe it's on them to pay for any modifications, and restore upon move out.

The painful bird dog experience taught me two vital lessons: Focus trumps frantic action, and effort must equal income.The problem wasn't the market; the problem was my lack of discipline and strategy, and a model that required me to hand off my hard-won leads for zero financial gain.This is why I’m officially pivoting and adopting a focused wholesaling approach:One Market, Deeply: Instead of talking to people in every state, I have selected one specific city and state to start my wholesaling operation.

In many cases, it involves:Helping owners explore options like loan modifications, forbearance, or refinancing.Working with lenders to negotiate timelines or repayment structures.Educating homeowners on alternatives they might not even know exist.From what I’ve seen, a lot of homeowners assume that talking to someone about foreclosure automatically means they’ll be forced to sell.