That's an ADDITIONAL capitol investment made. 

Properties below this threshold present additional risks and more limited borrowing options.7.

Outdoor storage, moving services, additional parking.

Perhaps you could consider hard money in addition to private money?

@Colleen F. unfortunately, AFAIK, there is no other resource than go to small claims court and go after her, which will take me $2-3K in additional legal fees.

Then we review the submitted file items and come back with questions or ask for additional documents it is a normal process.

Additionally, you want to start building your "Core 4": agent, GC, lender, and PM. 

Additionally if you find this post helpful please give it a vote on the right hand side of this post.

Additionally, I’d appreciate advice on pricing.

Best to call city hall for the town you are buying in to see what if any rent control rules are in place. see link below if you require additional information and call the Jersey City Landlord Tenant relations office. https://www.jerseycitynj.gov/cityhall/HousingAndDevelopment/...Jersey City CPI chart on recommended rent increases: https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server...The state with the highest eviction rate in the country right now is South Carolina.