But a fixed rate loan is all yours until you try to refi if you're not living there, unlike a HELOC which could be modified.  

Then, as experience and opportunities arise, you can work on improving those returns (and modifying your goals).Don't let perfection get in the way of progress! 

By default listing agents are supposed to present all written offers in a timely manner, but the seller is allowed to modify that 'default' behavior.

Much less any of your Cash back.Now let me modify the example and add in Rehab ($20,000), Closing Costs ($3,000), and Holding costs ($3,000).Purchase price $100,000Down payment $25,000Loan $75,000Rehab $20,000Closing $3,000Holding $3,000 (3 months Rehab)Total All-in cost $126,000Total Cash in deal $51,000Based on the All-in cost the new Refinance Appraised Value needs to be a minimum of $180,000$180,000 * 70% LTV = $126,000Payoff original loan $126,000 - $75,000 = $51,000 (Cash out)Since you plan on doing Rehab it will depend on your purchase price compared to your expected ARV/FMV of the property.  

Is there a BP rental app which I could modify for this?  

I had to replace a 2nd floor window that had been there for 100 years... modify all the stairways and deck railings... hard wire smoke detectors and on and on...

We know from reading the Seller's comments the loan is modified and because we don't know exactly what was modified speculation into the terms not provided can be misleading.  

In lower price ranges, a bedroom has a higher utility than a dining room, luxury homes will need a formal dining room, but you're probably not hacking a luxury home, just a guess.Number one rule in hacking, you don't modify a home to your personal taste, you make improvements based on the market.

Based on the use and definition of the term "deposit" in legal contracts, the modifier "non-refundable" is not applicable.  

My few tips would be:Getting a base lease is fine off one of the sites, but I would highly recommend modifying it to fit your property and management style more.