You should ask the bank first if they can provide additional funding, but be prepared to explain what happened with documentation to support it. 

Repeat.Find a mentor as well to help with the process.Doing an internship with someone that is serious about their business, and then making sure that you're just as serious about their business as they are, is an awesome way to gain invaluable experience and support for yourself in the long run.Intern with a flipper.

some markets only sustain 80% .. some support 1.5% .. 

The client is likely an "illegal immigrant" (I don't have a problem with them), but it's may make things more difficult in attempting to collect.

It is our intent to operate transparently and to the benefit our clients.

My client is going to invest and live out of state.

Hi Ryan, If the comps support 175K ARV by those upgrades you mentioned, then you can be optimistic because they're obviously selling for that price.

*This post does not create an attorney-client nor a CPA-client relationship. 

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If you are looking to purchase a home that needs rehab I would sit down with a mortgage broker and discuss your options and tell them you want more info on the FHA 203k loan and the Fannie Mae Homestyle renovation loan.I have had several clients here in Connecticut use both loans with success and they typically chose one or the other based on their personal situation.