Since most of the other expenses involved are specific to each property, that means each property must have enough positive (obviously) cash flow to accomplish this, or I don't buy the property. 

You will need the property vacant  two months to accomplish those updates.

That should have been accomplished within the first 30 days.

We have very specific rules we follow in regards to late charges, evictions, being quiet, being clean and we stick with our own rules to the 'T'.One huge difference with the way we manage our properties is; I am positive most landlords and property management companies will not be on top of every situation as much as we are and that cannot be accomplished when you are an anonymous landlord.

I have now done many deals where I accessed home equity and I have used both cash out refinances and HELOCs to accomplish this. 

Now, to accomplish this, income has to basically double in this time - not a mere 30% in 5 years. 

If I was your PM, I'd just give you the 60 days free so as to accomplish that.  

Find out what someone wants to accomplish, give it to them, but in a way that you can make a profit and you will make enough money to LIVE a life.Goto CoachMitch.com find my phone number and call.

Post back here what she's trying to accomplish with the financing portion of her problem and let's see if we can offer some guidance without tying it up with the remodel.

Hey @Luke Berry, All are possible to accomplish now, but you would need another person or multiple people to aid you with the refinance and the new acquisition.