No more residential units in NYC and no more recourse loans.

I appreciate your response, i'm still having trouble; here is the instruction on bigger pockets website, The 70% Calculator is based on the "70% Rule of Thumb" which states that a rehabber should pay no more than 70% of the after repair value, less any repair costs or other profit needed.

Wanting to BRRRR a bunch of times and I don't want to get tied up for months, because the lender decided no more, while we have private loans or personal capital in it.Can you elaborate on delayed financing?

That gets you out of the city and into County tax range, which is way more reasonableBe careful about Towson, the rule ( also called Towson University rule) in Baltimore county is no more than two unrelated people in one house.You cannot really put 3 students in one house legally.

I try to have my build outs cost no more 2-3 years Gross rent. 

No more "I can't"!!!

@Will Gaston my city limits properties to no more than 3 unrelated persons, but I regularly see housing advertised for 4 or 5 students.

Any payments on the balance remaining from the original loan must be included in the debt-to-income ratio calculation for the refinance transaction.Note: Funds received as gifts and used to purchase the property may not be reimbursed with proceeds of the new mortgage loan.The new loan amount can be no more than the actual documented amount of the borrower's initial investment in purchasing the property plus the financing of closing costs, prepaid fees, and points on the new mortgage loan (subject to the maximum LTV, CLTV, and HCLTV ratios for the cash-out transaction based on the current appraised value).All other cash-out refinance eligibility requirements are met.

the roof needs a complete overhaul due to sagging, sinking, and the shingles have no more asphalt on them to protect against the weather. 

Know exactly what you are willing to pay and no more.