The way it was explained to me is that I am responsible for maintaining the roof, exterior walls, concrete floor, parking lot, landscaping, etc.

I own a duplex in Cincinnati, rented out to section 8 tenants. I received the following email today.Good Afternoon,Be prepared! HUD is changing its inspection criteria from Housing Quality Standards (HQS) to National ...

I’ve noticed that my confidence grows with every conversation I have with experienced real estate investors, and even more so each time I take a concrete step forward.I'm a strong advocate for personal growth and development, and it's great to see that you also view it as essential to success in investing.

At some point you have to accept that your first attempt may not be perfect, but if you set some guidelines and narrow your focus down to something that's achievable you should be on your way pretty quickly.

That guideline is lender specific, so I would suggest shopping it around. 

We relocate tenants if there is a hazard,  always use your own home as a guideline would you move out to get new floors probably not, now if a pipe burst and created mold you probably would. 

Many are adjusting their draw funding guidelines on the fly.

If you are seeking a more traditional DSCR type loan, then typical guidelines apply; Credit, Liquidity, and Experience. 

Not all lenders will allow this, that is called an Overlay, but per guidelines, this is allowed since 2017.

The purchase prices were 170k and 180k respectively and the budgets were 90k and 100k respectively and they could've gotten a better rate with a credit union, but a credit union will not supply the rehab funds - HML does.  3) The application would be taken in, project numbers would be held up to lender guidelines according to your exp and your credit.