.: No need to compute this_these expenses can easily be added to rents.

This house used to be a bead a breakfast and could easily be split into 2 or 3 separate units. 

I would need to be adding more in order for it to be around or below 15 years.

I'll be adding 6-7 more units (to existing empty spaces) to make it a 19-20 unit building. 

Prior to placing the property into service, almost all costs will be added to the property's basis and deducted over 27.5 years via depreciation.

Be sure sure to check out the monthly hartford meetup - message me if you want to be added to the list.

Is there such a thing to be added into the loan or what other options do we have?

There are also addendums that can be added as well as space on the contract to write in additional terms if necessary.

You should get a loan with 640 credit score even 4 years after bk.To raise a credit score, get 2 secured credit cards, use them every months and pay in full every month, in 3 months your credit score will go up by 20 points.Or if you want to do a deal now, partner up with somebody who can get a loan.However dealing with hard money lander will be cheaper than having a partner.Also, if you know somebody who has a good credit score, ask them to add you to their credit card with $0 balance and in a couple months, the length of time that they had the card will be added to your credit score, hence raising the score by 20-50 points

Your other option is to stop the foreclosure, the cost is still a cost of collection and can be added to the note, check the note and deed of trust terms.