Trying to understand the mechanics of what you shared.

That looks like a guesstimate of 20k to me just from the shape of it and expectations of worn out mechanicals as well.

I have a "life insurance 101" that gets into the mechanics of life insurance policies...https://www.biggerpockets.com/...

You can get better tenants and they should be the first neighborhoods to gentrify from Class C to Class B:)There will still be breakins and tenant-caused damages, with bad tenants even stealing the mechanicals when they move out.

In Raleigh some that may be worth calling are Providence Bank, Mechanics & Farmers, Paragon, North State. 

But, I'm a mechanical engineer by trade and am not afraid of digging into the details to figure out if it's viable. ;)

With NAR failed to protect their industry (aka monopoly) then the new form of industry would be created with emphasis in efficiency, transparency, competitiveness and innovation. it's good ear for buyer/seller like us lol

My Dad is also a licensed residential builder, licensed Master Electrician, and licensed Mechanical Contractor in the state of Michigan.

I will think of a couple titles but I would actually go outside of the mechanics of CRE and focus more on prospecting and sales or you will just be a really great analyst working for a producer.   

Additionally, since this project is already in flight, you run the risk of mechanic liens taking priority over your loan as they can backdate the lien to when work commenced.