I have actually read some other posts in the forum and read just as you said that even streets alter thinking on go vs no go.

Using a Hard Money Lender's estimate template and walking through the format with your GC is a good idea so they can translate their quote to match the format.2.

While our agent was very pleasant and owned her own rental properties, it became very apparent that that didn't necessarily translate into being the type of agent that I would necessarily recommend for this type of project.

Operation, Maintenance, Storage, Alterations to Premises: On a continuing basis, tenant agrees to: Keep premises in a clean, neat, and sanitary condition; no parking, storage, or accumulation of debris on lawn or yard.

I recommend you assume no less than an 8.3% vacancy rate, which translates to one month of vacancy each year.

A house with high grass that needs maintenance is more often than not a lazy homeowner- not a motivated seller .people don’t have much pride in homeownership these days so it’s pretty common to see but it won’t translate into Money for you .  

Or if I should completely alter course I’m open to suggestions. 

That translates into a savings over the life of the loan of $55,566.00 assuming you stay in that loan for 30 years.Also, buying points is tax deductible.

Alter ego and undercapitaization are the main basis for piercing the veil I have seen. 

Translation: You can get a great deal on foreclosed properties, if you know how to buy foreclosures right.Because the foreclosure process can take several years, these properties are often in need of some serious repair or updating.