The project's current LTV is still #1 in determining the sufficient level of reassurance against default risk.To generalize such that the days of property based lending are over is wide of the mark.

$50,000 I feel would be a sufficient amount because I can cover the basics and may have enough to remodel a kitchen/bathroom.

She moves out ideally with a deposit sufficient to cover owed rent and any damage.  

That's not going to happen.If you are purchasing a property that requires sufficient Rehab to justify that ARV I doubt you will be able to get a conventional loan (4.5% APR for 30 years).  

@Lane Beene The preferred return means that if there was not a sufficient cash flow for them to receive a minimum of 8% annual return, then they would receive all of it.

The lot is R2 and the homes are legal (perhaps the second being a mother in law unit) but there is not sufficient land to separate the homes into individual tax lots. 

I assume my $20,000 won't be sufficient.

There isn’t sufficient margin in vacation rental management to make it work at 18%.We are a full service PM charging 25% and our net operating income (profit) runs about 6% of revenues annually.  

If in any taxableyear that the Limited Liability Company has a net decrease in theLimited Liability Company's minimum gain, if the minimum gainchargeback requirement would cause a distortion in the economicarrangement among the Members and it is not expected that the LimitedLiability Company will have sufficient other income to correct thatdistortion, the Managers may in their discretion (and shall, ifrequired to do so by a Member) seek to have the Internal RevenueService waive the minimum gain chargeback requirement in accordancewith Treasury Regulations § 1.704‑2(f)(4).

Hello @Bintou Diallo,About 1 year ago, self-sufficiency became more strict.There is some room/leniency however.