Or how does the rehab work exactly (post closing or during and how does it factor into the total price at purchase, ie what you have to have in cash to get this done?)

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

my property manager asks 10% of total rehab cost, her team will look through the project end to end, without much of my involvement. 

If I make a lump sum payment of $10,000 towards the principal, the future monthly payments of $5000 should go a lot more towards the principal since there is less total balance to calculate the interest. 

If your current homes have the potential of a total of $4k per month gross : maybe $3k current net, then are you happy with that number in retirement or would you like more like $5k or higher? 

I am not buying it, I think how we do our math is totally different. 

It's not a common thing that people go through when a tornado hits your house unexpectantly and having to do a total renovation.

Obviously, I don't want my properties making people sick.

I’ve heard that a debt settlement attorney can help negotiate with creditors to reduce the total amount owed, which sounds appealing, but I'm a bit unsure if the cost is worth it, especially since some charge high fees.Has anyone here worked with a debt settlement attorney?

TOTALLY biased here - but Off Leash Construction is the best construction company in the region!