A turn key would be great, but I am open to doing repairs along the lines of walls and flooring updates.  

2) How long can your reserves support the negative cashflow3) What's your plan to solve negative cashflow long-term?

Source , but for the ones that are that could be a risk if Trump and DOGE's plans to cut those jobs ends up reducing a significant amount of the jobs in DC.

I am planning to pass on the cost to them both 50/50 since i dont know who flipped the switch, what do you think? 

@Mike Donovan in Narragansett, RI we wound up with a RI FAIR plan due to the fact we rented to students.

She immigrated from Serbia, so maybe that is a cultural difference, but my wife was pretty floored. 

Through your local bank that you are using, are you reapplying for each new home for a seperate construction loan or are you setup as a credit line with them and just submit a new budget for each new home 7 mil credit line  ... new budget for each plan that has been pre appraised in the MAI at the beginning of the project.. they did have to update the Mai last summer but again did it at their cost not mine.. banks have to paper their files.. even though we are selling the same floor plans for 100k more per plan than the original numbers came it at and bank has been paid and has all the closing statements showing this data..

The height from the floor is 68".

When we create our business plan, we also include our exit plan.We'll only proceed if we can clean this up, acquire new tenants at higher rents so we can increase our NOI, which in turn should reflect our cap rate and profits.Since this asset class is new to us we will tread cautiously.Scheduled to preview tomorrow. 

The floorplan I'm interested has a slab foundation, 2 story, 6844sqft (1711sqft/unit), 3br/2.5th, garage, and W/D.