What made you interested in investing in this type of deal?

We have tenants that looked good on the application and background check that when they showed up with pet in tow (no pets allowed), 10 relatives and vehicle filled with trash and cigarettes in everyone's pockets that we knew this would be a problem lease. 

There were illegal additions in the back of the unit.

What I don’t understand is how something like this happens so late in the process.

Link here.I hope it all works out great for you in the end!

Theoretically if you bought the home for $200,000, put $75,000 in Reno and the property appraises for $380,000, you should be able to pull out 100% of your initial cost at a 75 LTV on the new appraised value. 

Investment Info:Single-family residence fix & flip investment in Philadelphia.

For example, there were a few recent duplexes for sale around $350K-399K, with 20% down, and the potential to get $1,200–$1,300/month in rents on both sides they would have the ability to cash flow.

I currently work in marketing in the tech industry, but real estate has always been a passion of mine.

Fees should be clearly stated in writing, easy to understand, and justifiable.