Welcome to BP Daniel, I caught this on the second page without an answer.It could be it went unanswered because with a little reading here most all of your questions would be answered and there were so many questions it's harder for someone to keep them all straight to give an answer.Seems most interest is in refinancing after work is completed, yes you can, but only to 75/80% of the value, you won't cash out to 100%.Financing rehabs is usually local, there are fha programs for small fixes, but you need to speak to your bank and a good mortgage broker.

One of the areas I am considering is providing rentals to Homeless vets under a program currently underway at the veterans administration.

Check with local banks and credit unions to see if their program parameters are a little different.Also condominiums are "condos" not "apartments".

In today's climate it is hard to raise capital so recess from that program include lower management fees, back end split and include a preferred return.A preferred return is NOT a guarantee.

You can also find your local REI club and get with other investors to help you.You need to start meeting people in RE anyway, an attorney, title company, a Realtor to name a few and they can all help you determine what is necessary in your area.IMO, the problem with stuff off the internet and in guru programs is that they may not meet your state requirements.

Start by doing a google search "wordpress real estate websites" and see if any of them fit what you're looking for.

Seems like with your experience, extreme rehabs might be a fit for you.

Not the least of which is your financial / retirement goals and how your real estate fits in.While you can move into the townhouse and live there 2 years you will get a partial gain exclusion assuming that you have been renting it out for a while.

Bill Gulley I looked at one of the investors list of properties and areas they buy in, so I kinda got an idea what they like and some most of the expired leads seem to fit the profile.

As Jon has pointed out, there are banks/credit unions who have CRE loan programs for loans in the 500k and below category.Your income and credit are good so that won't be an issue, but your inexperience as a landlord could be a problem for some lenders.