It is possible that hiring an attorney to sue the GP is necessary, but also possible that would be a poor choice. 

The more full Doc a loan is typically there is more documents, scrutiny, and ultimately a longer closing time frame where as a private bridge note can fund in 1-2 weeks the full doc rehab loan may take 40-70 days on average depending on a host of variables (your General contractor's documents, the appraisal, scope of work, etc).Its imporant to figure out what you're trying to do, what deal you have in front of you, your capability in terms of all loan products from DTI focused ones, the bridge private ones, your time frame to close (the type of seller you have before you), and execute with the best game plan.Best,@Matthew Kwan@Carlos Valencia

Ultimately, I think you should go through with the renovations and increased rent.

If building a LTR portfolio is your ultimate aim, consider how each potential flip will help you get there.

Certainly a bad choice to convey back.

Ultimately I need 5 units to have experience with lenders. 

(this ultimately depends on what a "SPACE" is in the first place)....

haha,Nah mateNot my style.Unfortunately, we live in a world where information is power so I'm forced to collect it in order to protect my team and company.But I'd never F@#$ with someone else's business even if they aren't legit.Only as a defense mechanism if we are threatened and pushed far enough where I don't have another choice.

It was pretty hard to find properties where the numbers and landlord laws made sense which is what ultimately led me to investing in Columbus, OH.

@Ryan Dickerson, while you will ultimately need to either make a somewhat blind leap or hope you can find a contractor that will walk your properties, one piece that I will add is: YOU need to know what type of finishes you are looking at, and understanding their material costs.I.e. are you going to do carpet, LVP, or true hardwoods?