You would get an initial advance that is based on the current as-is value + the money to rehab the house in the form of draws.

In this instance, the previous home is in my name, the current home is in her name 

I'm based in Miami, and interested in building new construction

The biggest hurdles, obstacles, and challenges in life that limit your belief and mental structure in no particular order:1)Thinking where you start is where you finish.2)People resting or stopping in the middle, not at the end. 3)Prioritizing instant gratification rather than delayed gratification4)The controversial mark twain  quote or not quote--It ain't what you don't know that gets you in trouble, it's what you know that ain't so.5) The lack of an ability to move on.6) Not appreciating the power of delegation.There's probably 2-3 others I am missing, but over time these have rang so true in any instance I have faced in life.

Shawn - I would suggest you develop a pro forma based on the stabilized state of the property to understand if it cash flows once all units are occupied being sure to include all reasonable revenue assumptions (rents, vacancy factor, etc..) as well as expenses (debt payments, maintenance, utilities, property management, taxes, insurance, turnover costs, etc..)

All comments are valid, but a few things to consider here:First of all, I am not an attorney, so this is not a legal advice, only options based on my experience.-  Subject-to is not being accepted by any lender at the current rates. 

By doing so, you could redirect the funds currently spent on rent towards acquiring assets that have the potential to generate long-term wealth through appreciation and other investment returns.When considering partnering with a turnkey company, ensuring their reliability and alignment with your investment objectives is crucial.Regarding financial advisors, seeking recommendations from trusted sources can help you find professionals with expertise in real estate investments who can assist you in making informed decisions that support your financial objectives.In summary, prioritizing the acquisition of income-generating assets can play a vital role in building wealth and achieving financial security over the long term. 

I made an offer based on 2020 performance and they accepted it!

Would you make an offer on this property based on these projected returns?

Currently have two, a small one I manage myself and a larger one I have a property mgr run down in Phoenix (I'm based in Nebraska).