After cutting the slab for the plumbing, I will need to float the entire floor to make a smooth surface. 

I helped manage these projects and performed a large % of work with very minimal sub contractor contributions.This house came with the gorgeous tile work minus the custom shower that I added.I have completely lost my after grout photosdouble wide left in disarray added some lip stick and linoleum cabinet and floor disaster new cabinets custom black conversion varnish finish still shows the grain, New floating floors, Formica countertopfinished modular just paint and fixturesWhat do you guys think?

Now if leverage all that other 160k and the market crashes and I don't have enough to stay a float, I'm screwed........I have 200k and I spend 200k and buy the house...... now I have no $$ in the bank for now.....the tenant is paying my rent and all of it goes in my pockets (minus insurance, tax etc), so my saving starts to slowly grow back up..... takes a LONG time to get back up to having 200k in that account.

@Ethan Schneider As long as you can float the costs associated with being an agent I think it is a great idea.

By wiping this down, you may have caused the spores to float in the air and make it worse. 

If the borrower decided to start paying again, you are stuck with a 4% yield for god know how long (and it was a floating rate too).

I would step back and, if you haven't already, convince yourself that your business's banner year is sustainable before going forward.

@Sarah Robinson we have private money investors that pretty much finance our 'float' / 'gap funding' in order for us to pay for rehabs before the draws come in. 

I generally don't put in flooring any more as I can get it done for $1-2/sf as floating floors have really knocked down the labor costs of flooring.

I do hear from friends lot of Foreign direct investments floating into Bangalore.