I read this thread and saw your comment @Wayne Brooks about the EM & DD being subject to inspection etc.

Thank you for commenting! 

I strongly disagree with some of the comments above, even if you intend to do reach an agreement with your tenant, you have to show them you're willing to do whatever it takes, even if that means going to court. 

There isn't enough info to comment on the quality of the asset, but your financing adds lots of complexity, which isn't bad per se, as long as you understand how putting no money down impacts your plan.

Thank you for commenting on my question.

Will anyone with direct experience cutting out, and re-pouring a badly cracked garage floor please comment on the success of the job.

So all your comments have been very helpful.

Any other wisdom or thoughts in general that I haven't specified, please feel free to comment below.Excited to keep moving forward with this project, I'll be sure to post updates, challenges and triumphs in relevant threads. 

Again, the same comment on water intrusion was there "Only ever a tenant caused issue and mitigated in full". 

If you haven't already, check out this blog post that explains using DF with BRRR in great detail (the comments are very helpful too) https://www.biggerpockets.com/...The main pro of DF is being able to get your cash out before 6 months.