Ideally FHA wants to know that everything in the home is functional and safe, with major structural components (foundation/roof) in good repair.

Capex is easier defined as most major components have an average life span.

You are going to have unexpected expenses.4) if you feel this will benefit you well it's a good way to really understand all the ins and outs of the transactions it can help you lower your expenses (keep the commissions) So the 100K flip can now be worth 3-6% more ...5) It helps to have an LLC and really become a real buisness if you set it up correctly.

Most of the time once you crack $75,000, it's either related to additional structural components (opening walls, relocating windows, etc) or very high end finishes/appliances.(2) Baths: $20,000 minimum (each).

The requirement is that the front side needs to have commercial component like a retail store.My question is that would it be hard to sell if it becomes a mix use?

Since the Treasury Secretary said they looked at the fraud components of this program, I'm assuming there will be some sort of political litmus test as a part of this process.In regards to people overinflating numbers, this is a loan document and if they are lying, they are committing bank fraud, which I'm sure the criminals will be doing.

Suffice it to say that any gas utilization equipment found to produce elevated/unsafe levels of carbon monoxide in flue gas is normally considered sufficient grounds by the gas company to shut-off gas to the property in addition to 'red' tagging gas utilization equipment responsible until such time the condition is addressed and no longer considered a threat to the life and safety of the building occupants.CO Poisoning Goes Virtually Undetected in a Professional Office EnvironmentIt's a cold, sunny Saturday afternoon in February and I've been given a reprieve in the weather thereby allowing me to use an outdoor scissor lift to safely access/observe a flat roof 24-foot above the finish grade (pertaining to the property for which I have been hired to conduct a PCA) without having to contend with rain/snow and below freezing outdoor air temperatures preventing a visual inspection of the roof much less conduct a higher level due diligent assessment of package rooftop units since gloves cannot be worn as they tend to interfere in attempting to access hidden system components such as air filter elements, blower fan motor assemblies, serpentine tube heat exchangers, etc. typically concealed from view in conducting a baseline PCA.

There are a couple different strategies, but another component is whether you are doing a BRRR or turn key. 

@Joe Cassandra - while the author is not entirely wrong, there's a component he left out - which actually messes up his hypothesis: many of the loan modifications involved new terms, particularly lower rates. 

Loss of revenue - combined with the payment plans, we are seeing a spike in skip/lease break activity as residents are forced to make sudden and unexpected life decisions.