But where it gets confusing how this all works out big picture over time is that you need a large percentage of low wage and medium wage workers to make your city function.

Added value by returning 2 unit function, upgrading kitchen and laundry in the smaller unit among other items.

Bookkeeping is an essential function to any real estate investor's business, the reason being is that when done right they can save you money on taxes and increase your profitability. 

When if comes to outsourcing this function, whether you choose to have a bookkeeper or CPA do this, the biggest consideration is what kind of value they bring you.

Likely VERY dated but functional and would likely pass municipal health and safety inspectionsB : Somewhat dated, but cosmetically nice.

It is currently under renovation, which will allow for a more functional a productive office space for our employees, and a conference room for team and client meetings.

For example, the amount of labor cost for selections management (the person helping to choose materials that will function together) was only estimated at few hundred dollars, but it's added up to over six grand since they've been billing me dozens of hours at a time at $50 per hour. 

There are both conventional and FHA renovation loan options, and they function somewhat similarly to your 'standard' loans.

I personally love using the "map nearby homes for sale" function and adjusting the filters to view sold homes in the immediate neighborhood (not 1-2 miles away) with similar square footage, layout, and interior upgrades your aiming for.

For max cash out without restrictions / conditions - 180 days.The main drawbacks would be marginally higher rates (50-75 bps higher), always some kind of prepayment penalty, and because the asset is the primary function of the loan - a non-cash flowing property (maybe lux or bad market) may not qualify.