@Justin Thompson is correct - you may end up paying for both appraisals depending on how the first lender handles the cancellation.

I'm curious how most investors handle their rehabs/remodels.I have a space that needs completely gutted and it is going to be a big job.

We work with a partner company that we handle acquisitions for.

I'm going to be focusing on single family homes primarily until I get the handle of that.

Yes they are, but still there are smaller mom & pop management companies that are equipped to handle these areas.

@Daniel Adams One thing to keep in mind with the 203k loan is the way that the money is handled for the renovations and that it is paid directly to the contractors, and all the associated restrictions.  

TOOLS REQUIRED-Post hole digger, long handled pointed shovel, baulk-line, measurement tape, power tool with plastic cutting blade, extension cords, concrete combination tub, 4' level.

The lot is part of a community with about 157 homes in the community in PA.1) If we wanted to send a postcard to each of the 157 home owners in the community where the lot is located presently and offer them a raffle chance of $100 to owning the lot is this legal to do this and what is the best way to handle this legally if this is allowed2) If the lot does not pass the perk test - what suggestions do you have on what to do with the property can i still offer a raffle on the property and what other ideas do you have at least get some money out of it 

I responded and asked for a custom agreement because i live downstairs and can collect the rent myself and possibly handle maintenance ;)...did not hear back!

@Jaelyn WhislerCode violations are usually handled by the police dept in the county.