In my experience, using a manual Homax sprayer, you can make a repaired area look like the rest of the drywall, but it's important to get the area smooth before applying texture.

Learn, Apply, Produce!

it seems its not a concern when the property has only one loan.Some questions - 1 - This applies to mortgage loans also - correct?

Generally occupancy limits apply to hud housing or to care facilities and would not apply to your situation (check with your state law to confirm). 

Four factors of our economics, land, labor, capital and entrepreneurship, any three of those factors may be substituted for more of another to be applied to base a business transaction upon, all except land, it cannot be substituted or eliminated.

Frank, You are correct, ARV Doesn't apply (directly). 

It seems like for your situation it would apply.

@Emery Green I was referring to the rule often talked about here on BP as Mike and Russel said@Russell Brazil you said you didn't think the 50% rule applied as well to more expensive homes.

Here is how the " rule of 5" would apply on a 45 degree roof with new plywood, architectural shingles, gutters, and tuck-pointing I have to replace.  

Also, any payments the buyer makes should be applied to reimburse any amounts you spent before they are applied to the standard monthly payment.