The draws on their 'loan' are subject to work done so it's getting tight as the financial guys are insisting on 'substantial work completed' b4 a draw is authorized. 

First, all real estate is local, so maybe 1075 sq ft is avg for3/2  but it seems tight to me.  

@Bernard YoungMy short answer would be yes.It is very unlikely that you would be able to wholesale it in a week but the tax auction deadline is not the end of those leads.If the taxes are paid, this is still a very good tax delinquency lead; and if the taxes are not paid the owner still has the right to redeem and you could wholesale that.May I ask you how much are you paying to skip trace your tax delinquent leads?

Your lease should be tight and spell out his responsibilies...or charge above market rent and still do the lawn and trash.

By those numbers this is a little bit of a tight deal.

Make sure all of your ducks are in a row and that you can meet that deadline 

It won't be like last time, the government has a tight leash on banks now which is good for consumers, but bad for investors.if you are talking about appreciation, then I think it will be stagnant or decline a bit for a while since people are less likely to buy during interest hikes and no wage increase. 

If I were doing this, I would definitely go with an air-impermeable spray foam -- sprayed tight to the underside of the roof sheathing to the thickness required to get the code R-value. 

Sounds like the numbers could be too tight if you have 700k into it and gross monthly rents are 8800.

The market is tight, it is probably hard to find deal that would fit the criteria for a full time investor.