If that's the case, you can't do any renovations until you have it professionally deleaded or it would be flagged for Unauthorized Deleading and you can get fined and the property would never be able to get a Lead Certificate, only a letter of Environmental Protection that states you did illegal work, got caught, then had to pay a professional to clean up the mess.

My aim would be to financing via a 203K loan (I do believe it will qualify), rehab the property (adding another bedroom and as much add-on sqft as we can, and after cleaning up the lot, subdividing it into two .45 acre parcels to either sell at a later time, or develop and place another property.

Hi all, what would you do in a situation where an owner is financing a property and the owner’s health is spiraling down hill?

Cleaned up the place by removing all the junk ($500) and running an ozone generator in it for a few days to remove smoke smell.

Tell her the deposit will be returned after she has vacated and returned the property clean.

WORK ON WHATS GOING WELL/RIGHT compliment your tenants a healthy dose of appreciation sure makes problems go away. 

Cleaning fee=150x7x12=$12,600Gross Minus Cleaning Fee = $87,400365x80%=292$87,400/292=$299 Average price per night over a one year period.

Updated all lighting throughout, paint, exterior and interior, cleaned up landscaping, added new sod and landscape lighting stained all decks, window treatments, kitchen hardware, updated furniture and excellent photos.

Sometimes they can go right in a clean out, but if the angles are too big, the equipment can't get in.

At that point its yours to clean, prep and get ready to reent to the next person.