At the very least, tenants would be able to get up to the garage, eliminating the headaches of complaints, necessity to plow, and perhaps make it ideal for elderly.

I deal with this situation almost daily, talking to the tenant upstairs and giving them a lease violation can sometimes stop it.

Ideally, I'd like to stay in New Haven County.

So, the 7 Years book was (is) my business plan using idealized numbers.

Driving around now, it is clear that it was the ideal time as things are back to normal.

Normally I fund a flip one of two ways:Purchase the property using a HML, and rehab using my own funds,OR,Purchase the property and borrow the rehab funds all in one loan from my HM lender.Obviously using my own funds on the rehab is ideal, saving me 20% on the rehab, but I find myself lately with more than one project going and can afford to use loaned money, reserving my own cash for the inevitable emergency, or in the case these days, for another opportunity.When I fund the project 100% on a HM loan, I'm usually under 65% ARV for the total loan, and at 15-20% financing.

Ideally areas the will improve over the next five years.

However, if things don't work out as planned, then you might end up needing to hold for a short (or long) time, so it would be ideal for you to have a viable backup plan, ie hold as a rental.You're not going to find 100% financing right now (if you do, please share with everyone), but it isn't unreasonable to run numbers as if you were financing it all.

Since I work with investors I deal with bank owned 5-100k homes.

Also, ideally my goal would be to take a row house like this in my neighborhood, raise all the floors and roof so that all floors including the basement have at least 9'-0" ceilings, and turn the building into three units.