This house is plaster as opposed to drywall used in modern construction.The carpenter would nail the slats to the studs and then apply plaster.    

Go apply and get a 0% credit card for 18 months.

This applies to any area you may be interested in going forward. 

Does not apply to SFR but if you want to use a # in the BP calculator, 7% is relevant. 

I do think as an investor it would be cool to understand to the degree you do the niche you have been focused on, perhaps I could apply it sometime in life.

I am pretty sure the same principles would apply for the idea you have given.

FHA, VA, portfolio loans, and jumbo loans would not apply. 

Experience: I have a rental property for the last 8 years.Credit: Excellent.A few questions:(1) Should I apply for a hard money loan after offer has been accepted or a contract is signed?

Try to talk to an underwriter about eligibility requirements before applying (service reps are rarely knowledgeable about the details).

I estimate it would last another 5-10 years under ordinary circumstances so I'll charge the tenant for that amount.Another suggestion: don't take a "pet deposit" because that implies the funds can only be applied towards pet damage and tenants can fight you on it.