The house had a small maybe 2 square foot fire in the attic, did not damage the roof but it needs all new electrical due to the fire being caused by electricity.

This loan will not take into account any income and as such is a riskier loan for lenders so the rates will be higher than a Bank statement loan.As with most questions with investing speak to your lender to discuss these options fully so there is no miscommunications and you can invest while putting your best foot forward.Best of Luck!

Tell her she called them she can pay them.She has no authority to call in repairs and expect you to foot the bill.

On an equal footing (both without leverage) stock returns are much much higher than RE returns, but most folks are not comfortable making stock investments with the added risk of leverage, and perhaps appropriately so.Can you obtain a 15 to 20% ROI with stocks?

I can build you a new home for $100 per square foot & you buy the lot. 

I don't touch $18k properties with a 10 foot pole.

If you do the loan and then do upgrades you will need to foot the bill, which sounds like you will be pushed even for the 10%. 

We get a much higher price per square foot, and they are very easy to rent.

Is it a big news that cost seg is better than linear depreciation?

First was what it "should rent for," then what they collected from the tenants, then factored in what the section 8 vouchers and after putting my foot down finally got an actual trailing 12 month rent roll in which there were quite a few vacancies throughout the last 12 months.My gut was telling me to walk away.