Savan cool well it is good to start and when it is the first deal it is wiser to be cautious and not over extend one self on the payment and rehab costs.

Lease termination may be necessary when the home is uninhabitable and significant repairs need to be made for an extended period of time.

That's a unicorn setting to step into and then extended term low rates is also something we may not see again in our lifetimes.

Timing: Complete the study within the property’s first tax year (by the extended tax fiing deadline) if possible; otherwise, a later study can use a catch-up adjustment but will be expensive.3.

For the remodel I am thinking of extending the main home (which would make it "L" shaped") to incorporate the detached carport and detached bedroom/bathroom.  

EXTENDED CLOSING DATE  - extend the closing to 59 days before expiration of one of the leases.3.

I recently put two new clients from BP in their first ever bridge loans for a fix and flip in my PA network and they bought for like 180k and I got them 90% financing and between the downpayment, closing costs, holding costs and fronting the GC I partner with the deposit they will need to extend like 45k - 55k to see through a 5 month project where they will net about 30k - 40k after all taxes and expenses. 

I enjoy your perspective and purpose-driven attitude, there is no substitute for hard work over an extended period of time.As relates to this topic, protecting my guys (many of them pro athletes) is important to me. 

The economic benefits could extend to local communities, spurring growth and development across the region.

So basically, for a B minus area, for a 3 bedroom brick home you will spend 110k for a rental that brings in $1,400 per month and in a class D neighborhood Section 8 you will be all in for the same cashflow at $80k.If you extend you view to "Metro" Detroit you have more opportunities in Cities like Warren, Hazel Park, Taylor, Romulus, Eastpointe, et al,.