Although in my city Lake Oswego if you miss the height restrictions you are going to have to tear your roof off and fix it..

Lets say after you remodeled it u want to keep it, you can refinance with standard lender, but what if there is no 20% in equity?

either You Pay & Play....or You are a "spectator" 2 the sport of getting rich...it's that simple.Nothing else comes close,Nothing else is more secure, with a higher return, where U can determine exactly how much work U're going 2 put into it,U determine what U're going to sell/rent/1031 it for,U determine who U'll lease option it to & 4 what amount....there really IS nothing else Like it!

Part of it is the higher cost of operating a business there, and part of it is that the Contractors know that they can ask higher $$ and usually get it. 

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Before u know it, u will be a flipping machine.  

Done it, u must be willing to go all the way. 3 stages when the first 2 reject it.

I am always happy to help you get it up and going if you need some help.If anyone else gets it u , please post a link I am interested to see how your ads turn out.

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I have not started to invest my self yet but as far as i have learned is the following:If you want to go alone at it, u are better of using smaller amout for downpayments for several properties than just one.