If you want more information, p.m. me and I can give you a lot more details.

Link-https://www.hometap.com/end-debt-stress-estimate?

Rent estimates range from $2,300 to $1,800 per month for houses with acreage.

However, before I am aware of all the project details, location, complexity and type of finishes, this is just an initial conversation placeholder.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

If your purchase price (always the largest expense) plus the rehab estimate (the second largest) total no more than 70% of the ARV, the remaining 30% must cover your HML charges, agent commission, property and hazard insurance, property taxes, title insurance, escrow, staging, all else, and your profit.

This looks like a strong deal - what do you estimate will be the ARV?

I won't go into the details but I need a new PM ASAP.

A DSCR of 1.25 or higher is usually required.Property Appraisal: A professional appraisal to determine the property's value and income potential.Business Plan: Lenders may require a detailed business plan outlining your strategy for managing and profiting from the property.Experience: Demonstrating your experience with smaller multifamily properties can be beneficial.

That should give you a clue.For more details, read this and this.