HomeReady also allows Boarder Income (roommates) if you need it to qualify.The rates are slightly higher for HomeReady than FHA so it would be best that we run an analysis to see which is the better deal for your future plans with the property.A few other differences: HomeReady has income limits, FHA does not.

I also spent some time with a regional builder after college as a project manager taking homes from first dig through final inspection.  

Good day everyone This is very disappointing to hear such harsh comments on a genuine lender like Jordan David I have been working with him for a very long time and he has funded a lot of my projects, Never for once has no problem occurred between Us since I started working with him, Mr Jordan David is a genuine lender and I can testify to that, 

I have just done my first reno where I had a middleman help manage the project since it was my first flip, a complete renovation (really too big for my first project).

I was in your shoes four months ago, and I had been learning and comping wholesale deals every day, until I found my current project in Scottsdale.

Rich what is your asking price on this project?

Are they actually doing to work or was this from a "project manager"?

The home you live in is NOT an investment...it is however your biggest cost.This is a simple math problem.If you put money in a property and leave it there, it is a negative number = Your cashIf you get money out of a project, it is a positive number = your profit or cash flowIf someone else puts the money in a project, it doesn't count as positive or negative = leveraged funds...unless, you have to pay for those funds = loan interest.However, if someone else pays for those "interest costs", they don't count as positive or negative = Cash flowJust apply all the cash moving in and out of your deal(s) to one of the above definitions, add (or subtract) all the numbers as indicated above, and you will see either a total that is positive...or negative.If it's positive, you are making money.  

But, unless they've been clear they're going to fight it all, I'd focus on the fastest path to getting them gone rather than trying to get all rent due.You've got bigger fish to fry with what sounds like a rehab project starting soon.

@Daniel Patterson I had to make it real simple or I would get paralysis by analysis.