HelloI have a tenant who is asking for upgrading carpet and flooring, while its not in bad condition, it is getting old (~7 years) - I agreed to get it upgraded. 

Thanks a million, Kristin Hey Kristin, Finding a property that works as both a short-term rental (STR) and a long-term rental (LTR) is a smart approach, especially as market conditions can change.

Yes, an insurance company can choose to not underwrite the policy because of the roof condition. 

Hello,   I believe this program is fairly new, so I don't know if anyone would, but do any MI investors have experience using the "Lead Poisoning Prevention Fund" through an organization Michigan Saves?

(mostly cosmetics), what price range that it must fall into at that condition (for the purchase price) and/or what the maximum LTC to ARV must be (in other words the purchase & rehab numbers must not exceed 65-70% of the ARV, the lower the percentage of ARV the better).

Some say they are the same, others will exclusively do one or the other, which would lead me to think they are more different than first imagined. 

I’ll double-check with the lender to make sure there aren’t any unexpected conditions tied to it.

It can be good to let them know that the terms and conditions of their lease are not being changed.

Property Condition Report: Document the property's condition with the tenant to manage future damage claims.4.

Extend closing and have the condition of the sale that the seller provides the unit vacant.