How do you fit 3 bedrooms and two baths in an 870 square foot house?

I am not there so I shall keep quiet next time.Make sure your package has everything the bank needs: usually a form from their website listing their expenses and income, 2-3 months of recent pay stubs and bank statements (more is better as it will take a while for a file to run its course), child support if it is being included in their income to show affordability, social security or pension income if it is being used, authorization signed by the home owner so you can speak on their behalf or they won't even speak to you, 2 or 3 years of tax returns if they are self employed and a hardship letter should be a good start.

You sound like the poster child for the "Making Home Affordable" Program that the government has instituted.

I would suggest walking through a bunch of houses with your contractor to start to get an idea of how much things cost.For example, I know that the hardwood floors I install cost $5.25 per sq ft installed, the carpet is $1.20 per sq foot installed, and the vinyl is $2.00 per sq foot installed.

Use the foot wedge or make excuses?

And the townhome is in northern Aurora Colorado, what would be the appropriate rent price for 200 ft.² and a 300 square-foot room?

With your rationale, we should all walk away from our home, auto, student loans, alimony, child support and any other contactual agreements we made just because we don't like their outcome.

I am able to extend an enterprize zone to the location, At around 65~100 dollars per square foot.

It's a SFH, 2000 sq feet, interior completely gutted, no floors, just studs, exterior is good, quoted 50k in rehab costs, but going by $35 per square foot plus a 10% cushion so $77k.ARV= 175K x 65% -77k= 36.75k MOAAsking price was $34,900, I offered $29k, they countered with $32k.

There is plenty of case law that your account should look into where parents create LLCs with their children and a taxable gift occurs when the property is transfered into the LLC because the child's equity interest in the LLC exceeds his or her capital contirubtion.