You can send manual documents to be signed, but when they return there is no way to update lease end dates or even set a reminder to update lease end dates.  

We can't risk a client sending an unlicensed or non-qualified contractor into the property as we share liability for that.  

And truth be told, a 6% ConC return year one is hard to find but let’s stipulate to that return.To get $10,000 a month, $120,000 a year off 6% annual cash on cash, how much capital does one need invested?

Id keep looking if it was not an approved short sale ( even an approved short sale takes a very very long time and theres no guarantee that you will even close on the house after months of waiting). q1)There are plenty of non traditional lenders that could offer you construction financing if the numbers make sense but it will cost you with points and a higher rate.

While there's no strict requirement to match the original mortgage terms, reinvesting the full proceeds without financing or using leverage to enhance returns is key.If you don't reinvest the full amount, any shortfall ("boot") will be subject to capital gains tax, and depreciation recapture may apply.This post does not create a CPA-Client relationship.

They can also be more forgiving on condos (warrantable versus non) at times.

They are able to See a COC return within weeks of the down payment, when the unit rents. 

Everyone thinks they can paint but there's a big difference between a professional paint job and a non-professional one (the latter usually actually damages the property instead of improving it). 

The formula you gave is for one month's interest on a NON-amortized loan.

So, when Trump changes to no tax on tips I feel inclined to change my rental income structure.50% reduction in rent.Previous 50% made up from a mandatory nontaxable tip.