Will you be funding your own rehab or would you need to roll those funds into your initial loan?

If you plan to self-manage initially in MI but go full management in Detroit, you’ll want a very dialed-in team.

Real numbers- purchase 907k,rehab , closing costs, soft costs, 840k, all in 1.747 mil, basis for each unit should be roughly 291kappraisal of each unit minimum 400k , so 2.4 mil if for all 6.I might refi only 4 out of 6, that will cover initial loan amount.

Thanks again to everyone who is reaching out I feel confident that I will be able to move forward with at least one of the contacts made since my initial denial. 

This is what spurred me to ask the initial question and I'm truly grateful for the responses it's gotten.

Of the other properties we actually closed on and then due to having a number of things going on or needing our initial Capital back sooner than we thought we resold the properties quickly as is. 

Recognize initial cash flow is likely at an all time worse.  3 recent studies show that the rent to value ratios are at an all time worst.  

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Generally there are multiple units for each "zone" if you will when I've seen them installed.Regarding your problem at hand, I personally would simply adjust your plan to move and make your initial plan to get the current issues resolved, while costly now, in the long run holding onto the unit will likely pay off. 

The time allotted on the initial contract was ample time for the buyer to close.