Consider the market and adjust accordingly.

If my options are pay $150 PMI or 15% more downpayment I will bet the $150 for the next 3 years as we are in a mkt where appreciation is no less than 5% annually. 

I bet local lenders, inspectors, title companies, and insurance folks would have a similar read. 

Your best bet is to raise the capital from a private lender or syndicate the deal.

So, be prepared to adjust your lease to address unpleasant scenarios you experience.3) No one can think of everything (not even attorneys!).

I bet it could sell for more than $200k, but I am being conservative just in case.

Giving your brother-in-law the benefit of the doubt, I bet all he wants is do is complete his project and pay you and everyone else off.

If you have to change insurance companies and it's going to increase your premium, the support animals can be rejected.If you wanted to educate yourself and investigate, I'm willing to bet you'd discover these two pits are a sham.

And everything is expensive so what's the point in selling unless you are going to leave the state.As far as investments, if there was an "appreciation forgiveness" tax break for SFH's I bet you would see a lot more investors selling right now.

@Jerry Hodges Your best bet will be a short term hard money loan,your newly formed LLC will have no income or credit history.Get the HML fix the property rent and refinance it to a longer term.You will still personally have to qualify for everything.Best of Luck!