We are looking to buy a single family in SD for now as we own a house that we are renting in NY and want to keep  getting more properties. it might be something I'm interested in doing down the road as I am a counselor of sorts in rehabilitation centers.Thanks for your post-Christian

An FHA 203(k) loan – also known as a mortgage rehabilitation loan, renovation loan or Section 203(k) loan – is a type of government loan that can be used to fund both a home's purchase and renovations under a single mortgage.With a good credit sore you may qualify for 3.5 percent down. 

We rehabilitated 2 kitchens with new applicances, 2 bathrooms, removed old oil chimney, new siding, landscape, turned our shed into an office, added egress windows to two bedrooms in the basement, added 200amp power instead of the outdated 60amp while separated the supply into two panels for upper and lower floor, modified threshold openings to make larger to allow more light, new doors, new fence.

We have rehabilitated one of the units and are renting it out as a corporate/executive short-term rental.

I too love apartment buildings, but again I've not seen a deal in TO in some time ... the ones which have initially appeared to be good deals were hold-overs from rent control and sorely in need of serious rehabilitation.

Warren then emails us this Sunday (even though he says he does not work on the weekend) and informs us that he is now changing the terms of the loan and NOT covering 100% of the rehabilitation of the property as he initially told us with the Hazel Crest property.We decided to move on to another lender because Warren is now changing the terms of the loan from what he initially told us.

In most cases, it’s possible to borrow up to 80% of the home’s equity value to use toward the purchase, rehabilitation, and repair of an investment property.Using equity to finance a real estate investment has its pros and cons, depending on which type of loan you choose.

As an advocate for folks in my housing program, I've gone to war with landlords over pet policies a couple times before (both flagrant instances of discrimination, not in the same ballpark as this) so I've read the HUD rules on this stuff more than a few times.According to HUD, Service animals (usually dogs) and companion/therapy animals (can be just about any pet) are indistinguishable according to Fair Housing Act and the Rehabilitation Act. 

What comes to mind is retirement homes, or rehabilitation centers / resorts (I came up with this idea when I realise the price people pay for those back at home in Switzerland).

We both invest in real estate in Connecticut, and we are both civil engineers that work in the concrete repair + rehabilitation industry.