I don't see why it would be a problem but playing devils advocate, maybe the rental manager would rather wait for a finished project to show rather than an undergoing project only because perhaps someone does not like the aesthetics of the bathroom (tiles, vanity, etc) after they've committed to the rental (security deposit, tenant screening, etc).  

I discounted for the fact that it is adjacent to a road that is undergoing widening for the next year, rehab costs, holding costs, investor discount, and then I was stuck eating 7% on selling the thing, so I deducted that as well.

There are pockets of NY state undergoing revitalization. 

Furthermore, one of Boston's burrows is undergoing fierce gentrification.

I ask because a project that I've been working on outside Boston, takes place in a town that is about to undergo a major rejuvenation.BTW...BP is full of some amazing people I'm great information!

Score is low, job income and trade is newer, using a gift for down payment,etc.I am not a lender or a mortgage broker however there is a very high chance that you will undergo manual underwriting instead of desktop to have any chance of a loan approval.On the EM try to make it as small as possible and also try to build a bunch of outs (contingencies) in the contract.

We have a five member board of directors and are required bylaw to undergo a financial audit every fiscal year.Every penny we bring in from rents is crucial to our very survival - for a multitude of reasons.

The area I'm looking is undergoing major regentrification and would take another 3-5 years.

I am looking for a second and will undergo a riskier but hopefully more profitable process.Thanks BP!

I got my money back with pluses, rehab is undergoing and if plans pull through, will got $1200 / month cashflow.