THat CCR is low isn't it.

(not uncommon).Sometimes you'll see a place in good condition (but with low reserves, indicating they spent the money to renew the place); or one with high reserves but in dated condition (sign of a tight fisted board).

We found that after 5 it's a pretty low conversion.  

A typical mortgage loan (20%-30% down, low interest, and 30-yr note) is available to those houses which are habitable.

It seems it would be wise to take a slight reduction in rent as opposed to taking a worse tenant.

If you're getting $900/month that's really good rent; it's basically low end for a 3/1.However, $65,000 is a better price for a 3/1 completely rehabbed.  

The chances are very low without the bond, also most contractor's bonds cover negligence and fraud, the "performance" part usually falls under negligence aka leaving a project unfinished, charging too much, etc.

Multifamily properties can be utilized to provide low income housing or student housing among others. 

How difficult is it to find quality tenants (i know they will be low income typically and have some issues but hopefully you know what i mean) and how long are properties vacant typically?

I am asking how an experienced investor would follow up because I do not believe this property can be put under contract for a wholesale.Unfortunately I do not have the funds to fund myself a deal due to low income and putting any savings I had into starting this journey (possible mistake).