Fake cameras are cheap and easy, keeping them as lowkey as possible, no visible signed of work or tools.Also I keep some low income workers of mine floating through houses to stay while they are being worked on.

There's a famous @Ben Leybovich article floating around about how to estimate CapEx expenses. 

CRE debt will have all sorts of things like lockouts, prepayment penalties, floating rates past some date (in many cases), etc.

But there's also nuanced distinction that needs to get into your psyche and float around a little. 

I know of people who put a huge bandit banner on the front of the house that they were rehabbing.

If you will have negative cashflow, I would suggest you rather sell it, unless you can foresee that the downturn will be temporary and you can float the negative cashflow as the rents increase, etc.

Definitely a lot of solid information and advice floating around on this form.Another question, going off your example Daniel, if I’m considering adding value to a small multi family; is worth doing something like an FHA 203k loan?

With this being said, just make sure you have enough personal funds to float part of the rehab if the bank decides to not provide you the second and/or third budget payments until after the work is complete – because your contractors want to get paid. 

You should be able to float 10% vacancy, 10% repairs, 10% management, and a $100 drop in rents or more. 

I've only been a member here for a couple of days but I'm immensely impressed at the outpouring of support and ideas floating around here!