Hi Javier, the numbers look fine in terms of the purchase price, rehab, and ARV (depending on what kind of work you are doing).

I have seen some hard money loans for rentals that can cover the rehab but the rates and terms are terrible.

I would review my loan agreement - as the bank must abide by the terms within that.  

I wrote a long piece a while back you might find helpful: https://www.biggerpockets.com/blog/due-diligence-ultimate-gu...Good luck!

Hey Everyone!
I am going to manage some properties in Kauai next month and need to setup Trust Accounting at a local bank in Hawaii. Does anyone have recommendations on banks or have a contact I can reach out to s...

Anaheim is a great location if you can get a short term rental permit

We're also able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis because of shorter term leases.Now we syndicate larger self-storage deals and work with passive investors.

Since you acquired it so recently from when you will close on the loan (in your case 1 day), certain HML lenders will treat this as a purchase rather than a refinance which offers better terms, more leverage, etc. 

As long as I do the 1031 properly (intermediary and all) and don't touch the sale proceeds, nothing changes from the interest tracing perspective? 

My estimate would be that in a house hack you would be slightly better terms on the loan.