@Mazin El-AchkarNIM is the reciprocal of the CAP rate, so a NIM of 15 would correspond to a CAP rate of 6.67.  

If no correspondence you need to see if you can retain it but they may just stop payment.

Also stress that this will only hurt the tenants because you will have to raise their rents a corresponding amount accompanied with a letter outlining who at city hall is responsible with he and his superiors direct line.

This list would contain the zip code and corresponding name of the municipality, and a breakdown of the number of SFRs.

Would you be willing to receive four draw payments that would correspond to four phases of the rehab project?

Thanks for your advice,Mandy

Purchase price: $85kRehab: $20,700Closing costs: $3kTotal loan amount = $108,700 (70% LTV)ARV = $155kRent after rehab = 1200Interest rate paid to private lender: 10%After rehab and leasing, my plan is to refi at month 12 at 75% LTV. 75% LTV of this corresponds to $110k (basically equal to private money loan amount). 

The appraisal district increased our property by approximately $500k / 58% in 2018 without any corresponding changes to the property or neighborhood.

Cash flow enough that myself AND my wife can "quit" the rat race and decide what we want to do with our time from there. keep building the empire. 5 year plan each number goal corresponds with where I would like to be in that particular year...I am a grinder though and believe I can accomplish this in less that half the time. 

If so there are many online options as well as correspondence courses.