These people are a varied as the rest of us, to be sure, but it is not uncommon to see these houses full of people who are working 12 hours a day and sleeping most of the rest. 

The rest was cosmetic.

The rest is history... now I am full time real estate and absolutely loving it! 

There is a 1-car garage, which they don't park in, and the rest of the parking is on the private street frontage.

@Mathew Allen, bear in mind that I'm not a code official..Each room needs it's own direct egress.

The rest of the 50% would cover PITI and leave money for cash flow

It sounds like if I sell this property, I would have a good amount to invest in my first BRRRR property (with less need for other financing), which would ultimately turn into more properties and...well, you guys know the rest.

@Mindy Bowden AWR has a program officially endorsed by the city of Philadelphia at a cost of about $8 a month to ensure your water and sewer lines. this is special coverage negotiated by the city of Philadelphia which is more extensive than what AWR offers in other places.

There is what you want and how you are going to get it-the rest is just fluff, go get what you want and forget that baggage of the backstory.

-Refinance Loan Amount, most places will traditionally refinance between 70% to 80% of the market (ARV), again their are exceptions but I would confirm this as it'll greatly impact the amount of rest of the numbers.