Once the rehab is complete, the loan just converts into a regular mortgage, so no need to refinance and no second set of closing costs.As mentioned above, you haven't posted a ton of other details, so there may be a lot of variables, but I did a deal as a buyer in this fashion in the past.

I'd also mention that with winter coming, you need to make sure everything is working properly. 

You post mentioned costs. 

@Cali Skier as @Greg Scott mentioned, there doesn't appear to be a lease violation.You could try to be more aggressive about an early termination.Otherwise, just be aggressive on future nonpayment issues.

It's super user-friendly and their customer service has been helpful whenever I've needed them.I've been using Smarter Contact for about a year now and haven't run into any of the issues that some folks have mentioned.

If they are using 75% of the rental income they are not doing it correctly assuming the rentals you mention are on the tax returns. 

As far as podcasts - it sounds like I am promoting my own here but since someone mentioned them here is a podcast called KC Multifamily Minute and is a weekly show that details all of the on market deals in KC. 

As @Paul De Luca mentioned, no modification is needed.  

Why are you mentioning prison?

The $50k-$100k number is for down payments like I mentioned.