Once the work was finished, we did an FHA Streamline Refinance, which lowered our bills by over $300/month.

I bought my primary as a foreclosure and used a Streamline-203k to remodel everything but the siding.

Hopefully due to the need for many of the businesses that would go in to such a development, they may have a very streamlined permitting and planning process, and possibly some great incentives for developers (tax credits, etc.)

A property that needs repairs, and a general contractor who has experience in the last 3 years remodeling homes.Beyond that, the loan is the same as a traditional FHA loan.There are 2 types of FHA construction loans, under $20k is the Streamline, and 203K is the $20k or above.So which loan you qualify for depends entirely on the renovation.

I highly recommend looking into Avalara MyLodgeTax - sign up with them for $20/mo and they'll not only get the licenses you need for you, they'll also streamline the collection/remitting of taxes so everyone gets paid the right amount at the right time.  

Crime is low in that area. average rent is 560-600Price Per SqFt: $46Monthly Mortgage 360Renovation: 20000 ( estimated)Loan: fha 203K stream line 30years 450 monthly mortgage.Square Feet: 1,650Monthly Property Tax: $95Monthly Est.

Also the back of the  hous e has  some  cracks towards the foundation but when I  go to the basement I  did not see  any water damage.I'm not for  certain but I was  quoted  at it being arounf 10-15k worth of  renovation so  I would  do a FHA 203k streamline.

thanks @Rob BelandWe have been trying to streamline our system on a large scalable version. 90 days out we do a 3rd party inspection to see how they are treating the home and that report is our determination whether we want to renew their lease.

There are several properties that don't cash flow well with the list price or the reduced pricing that I do.As I become more versed with this I expect that this process will get easier as I've already streamlined my spreadsheets to give me the bottom line numbers.Thanks all!

But it's not.I'm always looking for ways to improve systems and strategies and streamline my business/workflow.