There are a lot of loan products that can be used to renovate such a building for sale.3) You have no liability.

Before jumping into products or targets,I would suggest setting up a solid base.For me that means:- LLC/inc. in tax favorable state- 800 FICO / 80 PAYDEX- $100K in untapped personal credit- $100K to a million in EIN/LLC/DUNS untapped creditONLY THEN look around, research the market,and jump when your brain/gut/heart align.Today Zillow dropped 20%, California/NYC offers are down 25%,Australia/China/Canada are down 20-40% depending on the data...Save your hard earned $50K for the right moment with a strong base!

I've made great progress, but I'm still deathly slow. 

Hindsight and all that, but when dealing with picky governement agencies known for slow walking, adjust expectations up front and sweeten the option fee to compensate.Here, try doing the same but $500 + $500 not likely. 

market is calming down and that is a good thing in many areas.Like the average owner occ in vegas was having a real tough time buying a house getting beat out left and right by cash buyers etc etc.. so if sales slow a little the FHA buyer can jump in..

But I pay a rental fee of one months rent.And this is an area where many people come from the Bay area, I read that the Bay area RE market is slowing down.

Bo  and his team is in a really good product and integrates seamlessly with Carrot.  

If I did not clean it up, PM will be very slow to have their contractor to clean, and will charge me.

If I did not clean it up, PM will be very slow to have their contractor to clean, and will charge me.

They were slow to respond at times, but otherwise it was much like any other real estate transaction after the bidding process.