I have gone down the path of painting a few times and it is quite labor intense and with that not cheap, it has to bone REALLY well - prep-work, primer, coat finish, the right products etc otherwise you get crap results.

Contractors are frequently working multiple jobs - and if they know you are out of town investors - how much priority is your job to them, versus meeting with other customers for their next job or finishing people who have their eyes on them.  

Plus if you do not have a well established team to get your project finished up before the end of the summer selling season, you may not get the return you were expecting as holding costs and declining values are eating profits.Option 2 sounds like a safer bet, but yes you will have to cover some expenses and may have to carry the property with your own cash until rent prices appreciate enough over the years to cover your mortgage payments. 

Sounds like your killing it over there.Hiw long does a deal take from start to finish?

Recently I took some days off from my work to stay at the property for an entire week in an attempt to finish up the renovation here and wrap up most of the leftover work.

The house is a high ranch single-family home with three bedrooms, a bathroom, living room, and dining room on the first floor, and a finished basement that has a full bathroom, bedroom, and common area.

I can't wait to finish and be legit!  

You really should let her finish building the wall.  

Faster Turnaround : Depending on how much work needs to be done, the project could be finished quickly, allowing for a faster return on investment.3.

During this time that the project is finished, you will be able to rent it out and you will be able to offset your monthly payment with rent, but also will need to add in utlility payments.To get out of the bridge rehab loan, you will need to find another loan - likely a DSCR.