If they know you, have spoken to you many times, and you have always been friendly with them, just explain your points, that there is no legal reason to deny your plans, and ask them what you can do to help get it approved.

Definitely call your preferred lender to ask though. 

Or a legal perspective?

You definitely need to have your ducks in a row using a HML to get the project done quickly, on schedule and on budget.

There's definitely a market for MTR here in Houston, particularly with the Texas Medical Center here along with other major businesses.

It can definitely be overwhelming.

@Krystal Lozano,Building a portfolio to a 6 figure is definitely a long game. 

And definitely avoid investing in sketchy neighborhoods.

The rental season in Boston is definitely slower now so hang right or make some price adjustments, I'm sure the right tenant will come!

. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.