That 5K could be eaten up quickly by repairs that were not visible up front, and then there is still the fact that there will be closing costs too that will consume that 5K (even flat fee listing on the resale with a 2.5% commission to buyer's agent will take more than 3K alone).Maybe this can work as a "subject to", but that is another topic - and it might not be a good candidate for that approach because you still have that big rehab number.

Moving a large amount of stuff is expensive and time consuming.

They will naturally tell you big jobs are time consuming.

That is a massive amount of monthly debt to have in addition to your primary mortgage and any consumer debt that you would have.

Final payment cannot be demanded until the contract is completed to the satisfaction of all parties.Signatures of all parties.A clear and conspicuous notice stating: That all home improvement contractors and subcontractors shall be registered and that any inquiries about a contractor or subcontractor relating to a registration should be directed to the Office of Consumer Affairs and Business Regulation Home Improvement Contractor Program, with the Office's address and phone number.

I'm a college student at CSULB taking a course on Family Consumer Financial Management and one of my assignments was to do an interview.

I know a LOT of agents in Palm Beach County but they all deal with end consumers and people who are just looking to buy or rent a home at regular market prices.

I cannot say that I can recommend them because although the October situation was not caused by their action but by a situation with their payment processor, and they have switched from using ACH payment processors to a direct bank relationship, their communication about the problem was *horrible*, there are still many landlords trying to get their rent money, and the process to do so is time consuming and requires the tenant to file a form with their bank.  

Generally commercial lenders do not lend to owner occupied property and because of that they don’t need to abide by federal lending laws for consumers.

Try to meet with some consumers in your target group and get their perspective.