I wouldn't be surprised if Boston required this type of "remote eco-mitigation." best regards,Chris

Except that you will be required to get a loan for $200k or put another $200k from your pocket in to the deal.

Reason is a Heloc generally carries a higher rate on a shorter term and "Can Never" be used as an "Asset, or for PITI reserves" which are both required when you buy an investment property. 

Quote from @Jordan Kaylor: What is a “seasoning requirement”?  

I suspect AHP has most of its investors capital deployed into these type of assets and now it's jumping through major hoops to meet their capital requirements.

What % is typically required these days? 

Do have an idea of your preferred acquisition price and how much rehab might be required? 

3️⃣ Local Regulations: Before you invest in a short-term rental, it's essential to understand the local rules and licensing requirements.

Also, note that it is hard to accurately judge an area from afar based on exterior physical characteristics.

- You or the PMC can get 3 bids, but who is going to know how to accurately compare them and understand if something is missing - that will require more work+charges once the project has started (a standard tactic by many contractors!)?