You are still exiting with a refinance and thus the terms wouldn't change on the exit whether you are buying in cash and then refinancing versus doing a construction loan and then refinancing.

Get a 50% LTV loan and buy another property just like the one you own. 

VG  when you talk about NOTE FUNDS are you talking about Note Funds that buy or originate notes secured by real Estate or are there other funds that do the same model of raising money on unsecured Notes ?  

:) Well, if the planes take off and land from east to west, buying a home that is north or south is not directly in the flight path. 

She will probably game the system for the next 6-12 months, but that's what you get buying a property with a non-paying tenant in place, in an anti-landlord city. 

The property is in the Jade District if anyone has particular insight on the area.4) I have some contacts for real estate agents, but I feel like they're better suited to assisting buying and selling SFR. 

Auction buying is a risk just is..

For me I would not buy a property with zero or negative numbers. 

Buy that if want, it's probably closer to the 3-5s.  

You may also want to consider buying this as a primary and living in it for a year.