•This additional income can help offset costs and increase your total reported income for future pre-approvals.5.

In addition to that, the septic tank is undersized for the size of the home.

Instead of losing 55k they will probably only end up losing $25,000 - $30,000Long term its not a great cash flow property but with some renovations and addition of a parking slab I think long term appreciation is the big goal here.

He/She will walk the property with your rehab budget in hand so the more descriptive you can be, the better chance you have at receiving a value in your favor.Once we have the rehab template complete we order the appraisal. 

Most would think it starts from the time you receive your certificate of occupancy, but that is not the case for conventional loans. 

Bringing in a partner, second mortgages, line of credit are sources of additional funding to close. 

It'd be nice if I could receive help or tips from anyone (new or experienced).

I would like to get some additional ideals on how to possibly go about this though.  

When I click the link above I receive this message: "The item you’ve requested is not currently available in the U.S. store."

I always thought a bedroom has to have a window (which I guess is a second egress) or it cannot be listed as a bedroom but you can list in the comments on the mls as an additional bedroom NTC (not to code).