Originally posted by @Antoine Martel:Go to a big bank like Wells Fargo, they do 75%LTV on cash out refinances. i had bad 7 years with wells corrupt fargo. they tried foreclose on my primary home three times. i prefer anyone but them. thx. 

Banks like to see 1.25 or higher if they are going to lend on a project so that is not a bad place to start.

If you are tight on cash flow, it is recommended not using reserve, but these days we have credit card that can cover the unexpected repairs, so not using your reserve for other deals might be bad financial decisions. 

This is another deal where Capella earned over $100K in origination fees, the loan quickly went bad, and now Capella principal Corrine Cordon looks to further enrich herself by buying out investor interests at a discount (offering 75 cents on the investor dollar).

I believe you made the right choice by giving them back atleast something so they wouldn't feel too bad. when it comes to newly mothers having premature labor, they can tie it to the chemicals from the pest control, unless you are using eco friendly 100% natural product, either way it can fall back on you.

In Independence Missouri you have no choice, all rentals must be inspected with or without your consent or that of the tenant - or according to Independence city council evict the tenant if they will not let the government mandated inspector in the home - although you also actually have to hire the mandated inspector and pay them too in Independence.

. $30k left over before paying buyers agent and closing costs = really, really bad deal. 

You have 3 choices, get one you like, one that works, and one that's off market.Now the money part.... go small.

I looked at the 1065 and it doesn't look too bad.

That is a personal choice based on your appetite for risk.