I looked back on pg 3 at the reconciliation section to read the appraisals description on why there is a $16k difference from the sales vs income.

Feel free to reach out to network or if you would like to visit one of our projects in DC or PG County. 

My understanding, though, from speaking with an expert on this last week, is that the benefits of a ROBS are that you can pay yourself a salary and PG loans without running afoul of IRS rules.

Hey JJ,I am a rehabber in PG county also living in Upper Marlboro.

Andrews Federal Credit Union just approved me for a BLOC w/PG

Granted I live in the Washington DC Metro area and I'm targeting a large population - MD (PG County, Montgomery County), VA (Arlington), and DC.

If the underwriting is following Fannie Mae guidelines, then this section applies: B2-3-01, General Property Eligibility; Property Requirements (pg. 273): The mortgaged premises must beresidential in nature as defined by the characteristics of the property and surrounding market area (see B4-1.3-03, Neighborhood Section of the Appraisal Report) ...suitable for year-round use.Seems like you should be Okay. https://www.fanniemae.com/content/guide/sel041514.pdf

Can you offer any tips or guidance or even companies that do not look for PG when first starting out?

It can be done in SE DC and PG county but it seems like your buyer will just think you're trying to cut corners, even if it's more expensive to restore something vs. replacing it.Once you find that market where a true resortation is desired then you just run it like a normal rehab deal plugging in your costs for renovation.  

As an example:Lease Agreement - they get copy after all parties initial each page, initial                                          acceptance of all addendum & sign signature pg Lead Based Paint Disclosure - all sign form after I give them pamphlet &                                                             form is lease page.