Hi Alexander,I'm by no mean an expert, actually closer to the opposite, but I wanted to congratulate you on your project, I hope to follow behind you in the near future.

@Sean Doherty glad to help, and thank you for posting a follow up with what you found out - that will probably help people in the future who have a similar question and find this thread in the forums :)

The two vacant units are as follows:  One just had an eviction, the other is vacant and could use new carpet and paint.The area is blue collar and low income.The buildings themselves are 6/10.  

I'm looking for General Contractors that have the following attributes:Schedule and Timeliness orientated, that can work with and lead Sub-Contractors to accomplish Rehab on time and budget.Quality Work on Rehab to prevent call backs.

I did not think stated income was even allowed anymore following the blowout recession based on all of the janitors claiming 100k incomes???  

But she also pushes every boundary. 

., with min loan amt of 50K at 12% for a renovation (Fix/Flip) package...then following the BRRR (not sure how long their seasoning period is...but I'll ask) we can do a refi at their 6.1 conventional rate.Conventional loan: McGloan, 30 yr fixed rate, 4.8% (not bad)Im concerned with interest rates going up that perhaps we should lock in that low 4.8% rate (conventional loan), and pay out of pocket for the renovations ourselves?

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

If the seller is pushing a quit claim deed and it seems off, I would recommend for sure.

I have been following BP's podcasts and reading the books for some time.