to update on this..I talked to the lawyer at the title company and the reason for the delay was because the seller got the property through foreclosure.  

Hi EveryoneI've came across Bigger Pockets via the podcast on YouTube which I've been listening to at work on a regular basis, so I've decided to get more involved and join the community! 

The inside is in good condition with modern updates.

An SBA loan is different than a regular loan. 

You will find cash out refi rates to be higher for investment properties, so it may make more financial sense to get a mortgage in the beginning, if you are going to hold a mortgage on the property after the updates. 

Hello BP, Any updates on using Sherman Bridge?

If the property management company is performing satisfactorily (collecting rents on time and issuing notices promptly if tenant is late), handling maintenance requests in a responsive manner and doing regular inspections, there may not be a need to change companies.

They want $289 for the 13 acres, might offer $100.Yes, Im interested to see your DD unfold, please consider updating this thread. 

Recapture tax is capped at 25%, so it would actually be LESS than the regular tax bracket for many investors. 

Tearing down hazmat is different than a regular demo job so depending on the county you may have some extra costs on that side as well.Testing, clean up, and certifying costs can get really pricey really quick if you're going to do it the right way - but even after you've got it passed off by the health department, you will still have to disclose the history to renters of buyers.