Can't honestly say that I've studied any of the material as of late.Anyway, I have about 110K in equity in my house, just secured a line of credit for 90K and I have a credit score between 710 and 800.I have a GREAT handyman/carpenter lined up and he has an outstanding work ethic.

High vacancy, high commissions, high maintenance and repair to keep in "Gold Star" condition (or whatever it's called at a particular area) and you're always paying top dollar for labor and material to get that stuff done.

So I guess I will get to test my "closer" skillz :groovy: Any further advice or reading material or research sources?

Hopefully I can learn something by continuing to read the posts and other educational material.

Sheetrock materials already in the home, just needs some siding, slight roofing, and finishing on the inside.

The estimate that I have is a complete itemized breakup of labor and material costs and includes everything from roofing, windows, furnace, kitchens, bathrooms, everything.

It utilizes different benefits from two companies, an identity theft program and a legal services program.

Foundation and utilities are there, zoning would be cool with that, and if I were to build that and sell it or refi it, and keep it as a commercial/residential rental it would be much more profitable.

Former Justice Potter Stewart of the Supreme Court of the United States, in attempting to classify what material constituted exactly "what is obscene", famously wrote, "I shall not today attempt further to define the kinds of material I understand to be embraced . . .

So how do I get Fannie Mae to come off that price more so I can sink about $50-60k into it (for materials.