Yes, it is possible to put lipstick on a pig, but in my 15+ years of experience providing property management, the best way to make the asset profitable over the long run is to do the repairs the right way from the start.

None I could say with confidence without knowing more details on the borrowers experience, property type, city, and project numbers (PP, Rehab, ARV).

While each person has their own perceptions of a rough part of town, in my experiences, I do avoid them.  

These are professionals with additional training and a stricter code of ethics.

In addition to the interest of the loan, you'd also be paying this as well. 

Additionally, the property includes an outdoor swimming pool.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

My biggest concern is managing additional units and tenants.

In my area it is usually $500 per cat one time refundable pet deposit, then an additional amount $25 or $50 a month that is Non-Refundable.

Rong, how has your experience been?

It's now almost impossible to get a mortgage with a FICO score under 560-580 range.Overall, the housing market has higher average FICO scores and more equity than the 2008-2010 period.This makes it much less likely we'll experience another Great Recession, but there are no guarantees.