I am evaluating a $300K house that is about 40 years old.

We will see what the overall return looks like in 9 months when they have had a full year to go through a full evaluation of their assets valuation at least once. 

The protocol, my team tasks in situations like this would be the following: First, evaluate if the requested repair is truly cosmetic or if it impacts habitability.

We have yet to have another appraisal completed but I estimate a new evaluation of $350,000.

You will need two years of your 1099 documented income to qualify for a loan as a 1099 employee, both years of taxes complete for them to formally pre-approve you most likely.You need to bank as much money as possible.

I have letters from their future employees which I'm verifying today and they both submitted to the credit/background check and passed.

But if tenant stability and needing cash flow are higher priorities for you, then it may be worth re-evaluating or looking at alternative properties that offer more reliable cash flow from day one.

Not necessarily - you can network with wholesalers and investor friendly agents to help you find deals, your learning curve will just be knowing how to evaluate the deals and if they can make sense for flipping or having to hold afterwards.2.

Investing in properties tied to future area developments requires careful evaluation of project timelines and potential delays.

This could allow you to re-evaluate LLC options without incurring the cost of another refinance.