My team and I recently started focusing on Spokane too, and we've learned a lot in a short period of time.

In the immediate future I definitely want to house back a multi family home, in Hudson County (which is a very tough market for any numbers to make sense) but as an agenT with access to MLS , and networking with varIous contractors due to the nature of my job, I think I’m in a good position to find something that has some value - add potential , as to not pay a premium , because I have the knowledge and means to improve it either myself or through people I knoW , so that would be my immediate short term goal.

This is a short sale.

I am in contract on a short sale.

Familial status is a protected class and requiring the short term tenant to be married could definitely be considered discrimination.  

Short answer:  Sell.

so long story short, I had an A/C leak... got the leak fixed but the water that cane out got under the floors.. the tenant put in the request to my PM and my PM’s flooring contractor estimated a total of $1900...

@Jason DiClementeIt is done professionaly based on home inspection carried out by previous potential buyers that fell thru due to buyers income situation. i dont plan to.apply permit in short span, long term i will have to spend more money if necessary to right things, that is the risk i thinks is woth taking for the deal.Thanks for your suggestion.

The short version is he would handle managing the rehab and contractors etc, I would make an initial loan to the company and acquire both the short term money and long term refinancing money, as I can still get the conventional since I’m under my 10 limit.

There are short term and long term options with lenders whose loan amount is 50k you just have to make sure the value is there