Just cosmetic upgrades no true renovation. 

Make sure to advertise in all the available channels you can find so you can perform a true test.

However, I was really hoping what I had read all these years about it being easy to evict someone who is MTM in your primary would be true...The tenant is not a friend, just someone who is mentally ill and did not disclose that on their application.

If that's true in your jurisdiction too, that ever accruing interest might motivate your deadbeat.  1% per month forever - and that's a long time!

Investment Info:

Single-family residence buy & hold investment in Kansas City.

Purchase price: $42,000

Cash invested: $68,000

I am currently rehabbing this house starting to get my refinancing op...

Investment Info:

Single-family residence buy & hold investment in Kansas City.

Purchase price: $42,000

Cash invested: $68,000

I am currently rehabbing this house starting to get my refinancing op...

Is that true?

@Elijah Crew With a true private lender (friends family and associates that know and trust you), it is possible, but still rare, to do 100 % financing.More realistically you put some money in at the beginning.

Chris Mason, mortgage broker, was instrumental in making this deal come true.

Depending on that, you want to assess the ARV based on true MLS comps and understand the full repairs before which will be more than cosmetic if it was owned by someone who passed away.