I don’t think notice is even required if they are the ones giving you notice of problem that needs to be addressed, and if they’re really concerned about mold, you’d think they’d want evaluation asap.

IN PROGRESS Lessons learned?

Other hidden costs you need to consider when evaluating HM lenders:-Applications Fees-Administrative Fees,-Commitment Fees-Underwriting Fees-Origination Fees-Loan Servicing-Rehab Draw Fees-Inspection Fees-Interest paid on undrawn rehab budget?

Evaluate prope­rties carefully - cash flow, cap rates, de­mand.

Hey BryceI have been in a similar situation when evaluating a deal. 

I'm sure there are plenty of real estate professionals that you can connect with on here to help you on your journey.A good book recommendation is Craig Curelop's The House Hacking Strategy Book.I look forward to hearing of your progress!-Ant

The 2nd draw came in July, which I promptly paid after they sent photos of progress.

Would love to reach out to you and see how you are progressing

Most real estate projects today are either not achieving their preferred return in cash flow or may not achieve this bench mark for the first three, four or even five years -- at this point, there may also be accrued preferred return that would have to be caught up.As a fund manager, what other asset classes are you evaluating to help increase cash flow for both your investors AND yourself?

Third Financial Preparation Evaluate your budget, savings, and credit score.