Has significant emotional upset with regards to this property and a series of previous contractors stealing money and doing poor work.Potential Total Profit at outset: $25,000 - anything I loan to investor 1's entity (after 10% sale & closing costs & concessions)4 weeks later / progress to date: I've spent/loaned $10,000 and worked 100 hours at the property to check items off what's needed before we can list the property on MLS.

Are we slowing progress down because we're waiting?  

Policy Premium for Owner's $425GAP Endorsement $125Special Assessment letter $200Closing fee $50Borrowers charges $125I assume the borrowers charges is something we dont need  to pay considering were paying cash.

I lead the interview with the fact that the house is being updated, and show it with the work in progress. 

POSITIVITY, PERSISTENCE, PROGRESS!!!!!

Did the focus change as you progressed through your career?

It can be a progressive transition.

Keep your head up and keep us posted on your progress!

The tax assessed value is typically lower than market and the assessor has little - if any - knowledge of the sales market.

The monthly PMI would be around $300 for the property+203k loan amount.The PMI assessed from the 203k rehab budget would cost me around $25 a month, and the addition 0.3% would cost about $100 per month.