Unless there are functional issues with the cabinets I wouldn't replace them in a unit you'll eventually rent out when they're already a normal wood grain.

Between you and your nephew, you need just over $5K combined.

Lenders are required to drop PMI when a mortgage's LTV ratio reaches 78% through a combination of principal reduction on the mortgage and home-price appreciation.

The rent I am collecting is $650, only expenses are tax and insurance, which equal out to $120 combined. 

Interest only, investors, combined with a construction loan so the interest can be added to the construction loan, etc.

The issue is, a) I don't need a fan since I have a functioning window, and b) it is not even a fan but a round HVAC duct.  

It’ll be a combination of one tenant who was able to find employment after being laid off (we had given her a discount in April) and we were also able to find another tenant for a property that we rent out per bedroom.

I am risk adverse, from a monetary perspective, which explains why I am now a Train Operator working for the city lol.I have no large debts looming, the wife and I maybe have $4k combined across a few CC's.  

That combination led me to move to San Antonio a couple years ago.

To fund the project, I combined a HELOC on my personal home with a personal loan from my bank (PNC).