If there’s a way to add value—even through simple cosmetic updates—that can help boost appreciation over time.When it comes to making the offer, your research will give you confidence.

I was planning to send letters explaining the higher cost in taxes, market rents in the area, and then offer a gradual raise to meet in the middle somewhere.

For financing, there are programs like FHA loans for first-time buyers, and there may be local or state-level programs offering incentives for affordable housing investments.

You may command higher rents in the initial offering, too, rather than waiting for lease renewals to up your rents.I would check with other rentals in your townhouse community to see if the shower upgrade will increase the rents that much.

I would offer them cash for keys, or contact your attorney and start the eviction process if they decline.

No lender will lend on a deal that doesn’t make sense.4) After the appraisal comes back you will get a document that outlines the amount to be borrowed and all fees that will be relating to the loan (I would suggest to ask for an example of this document when you are searching for an HML so you will know what fees are going to show up).5) Close the loan at a title company of your choice.6) Begin work and make draws on any repair balance.

One of the positives that the investors find is that builders are able to offer very nice incentives on the new properties. 

The VA loan actually offers loans to be assumed. 

Below are some key questions I would suggest asking.Are you a direct lender?

So your number of 715k may not be too far off depending on the square footage and also the age of the cabin.For anybody to suggest otherwise without knowing more information on your specific cabin isn't giving you the best advice to be honest.