Here are the vital stats:Asking price: $495,000Proposed Cap Rate: 11.33%11 units (9 - 1 Br/1 Ba, 2 2 Br/1 Ba) 1 BR rent for an average of $650, 2 BR rent for an average of $855.

You don't see the due on sale clause, because you're reading the modification, not the underlying mortgage.  

Below are the vitals, would appreciate any thoughts. 

Keep in mind this house is in Southington, CT and is a B+ area (a very desirable area to live) which has a big impact on the rehab and the way it is structured.Draw 1Replace 1st floor gas furnaceInstall new gas furnace and ductwork for floor 2 Replace both hot water heatersPlumbing repairs/modifications: water lines, waste lines, & relocate washer/dryerElectrical repairs/modifications: relocate washer/dryerTotal Amount for Draw 1: $15,000Draw 2Remodel 2nd floor unitFramingPatch and PaintFlooring throughoutKitchen remodel: add cabinets, install granite countertops, backsplash, install appliancescomplete bathroom remodelInstall new light fixturesTotal Amount for Draw 2: $10,000Draw 3Install vinyl sidingPaint exterior trimgarage repairsfront porch/walkway repairslandscapingTotal Amount for Draw 3: $10,000Draw 4Remodel 1st floor unitpatch and paint interiorFlooring throughoutkitchen remodel: new cabinets, new countertops, backsplash, appliancesinstall new light fixturesTotal Amount for Draw 4: $10,000Total Budget = $45,000

Whether its helping them talk with their mortgage provider to get a loan modification or just empowering them more information when in pre-foreclosure.

Thank you all for your feedback, I appreciate the vital information given, I decided to put the $2,500 towards a direct mail campaign, as I continue to do more research and look for properties.

When you're mailing probate leads, obviously it's vital to contact them over-and-over, and not just once.But at what point do you just move on and assume that the PR/Executor simply has no plans on selling the property?

I slowly and carefully started crawling towards my goal of a full time career of Creative RE Investor :listened to tens of podcasts, read several books, started putting my contracts together, created website (which needs modifications), got business cards and other marketing materials.

Chris NAWhile a good team is vital to a successful business, you should focus on your business plan through which you can create revenue.

The size can be allowed to grow later; putting in the work to understanding the market and how it fits into the BP is the most vital part of this decision at the outset.