i’m sure it’s due to the soap they have been pumping down there but can’t prove it. who pays the $400 Electrician bill?

Yes you will pay more.

. - equity pay down is significant on expensive property.So if using 50% expense ratio, if you are less negative than market rent, you are likely doing better than most local RE investors.  

Mary's county, Maryland, through a tax lien foreclosure, paying about $40K. 

I am not too kin to pay it all before the renovation work has been completed and have negotiated to keep 15% to be paid when renovation work has been completed, so that the seller has an incentive to complete the work adequately.

My question is after the construction is complete, am I able to do a cash out refinance on the whole property to pay off the construction loan in order to build more units?

Current Tenant pays $2200 rent which seems like it's about $300 under current market rate. 

I pay for the lawn care, pest control, Surevestor, actually replace the air filters, and that's the only fee an owner ever pays. 

We dont have any section 8 houses in Beachwood but in Shaker we have seen closer to 1650 (owner pays water and sewer). 

We’ll also collect rent and pay expenses via our LLC and its new respective bank account(s).