That is just example language - you'll need to use wording that is specific to your state - but you get the picture. 

I am on the same boat, slab has not even started and need to find a new lender :S Are you in the area or how do you get pictures?

I can not picture a single scenario where this is a "solution" for anyone other than the middle man. 

Even by looking at the bigger picture if you will be holding the rental long term to get some of the appreciation over time and its not affecting your income negatively then it may be smart to continue.

You can see by the pictures that this home was severely abused and turning around a house like this may or may not be worth it.What do YOU think?

I have STR investors in Florida making 25% cash on cash returns, long term rental investors picking up properties directly off the MLS and cash flowing day 1 in various states, and house hackers completely removing their housing payment from the picture allowing them to save for for the next property.The beautiful thing about real estate is there are so many ways to succeed and a plethora of strategies depending on your comfort level and how active you want to be.

Very difficult to see in the pictures what has been built in a month.

These are factored into the mix.In the future, I will suggest that you request a move-out report along with pictures and/or video on what needs to be taken care of. 

Will add pictures as they are available .

.- Build Relationships with Vendors: Getting quotes from local contractors or vendors for common maintenance or repair tasks can give you a clearer picture of recurring costs.