I'm really not trying to sell anything with what I'm about to share here, but knowing that I wanted to invest out of state I turned to David Greene's materials on Long Distance Real Estate Investing.

I capture different formulas for buy/hold, rehabs, loan costs, material costs.I made one excel workbook with several different sheets.

Any such repairs made by Landlord will be billed at market rates plus the cost of any materials.

This might involve debt restructuring, seeking alternative financing, or even offloading non-performing assets.

Alternatively, could anyone provide advice on how to find clients for this distribution center?

@Jaydon VanderslootIt is a smart move to get prequalified from many lenders as it enables you to evaluate your loan alternatives and choose the most suitable financing plan.

Alternatively, you COULD also refinance and use the equity to purchase something with more cashflow which would allow the deal to 'pencil' without leaving you in the red every month/year. 

There's also the option of sweat equity if you don't have the capital to pay for the remodel: In other words, buy the materials and do the work yourself over time.

I’m looking to buy it as an owner occupied primary residence while living in another state but I am open to moving if it is required.Yeah, it's mortgage fraud to make false statements on a loan application or to leave out material information.

Hey @Christian Hanus, LLC are passthrough entities for tax purposes (unless you elect to do c corp which is not applicable here) So you hiring yourself to do your own renovations really doesn't do anything material.