Lenders that sell their loans today are also taking part in what they call CMBS 2.0 (post 2007 underwriting criteria, where it is very common to see certain terms and conditions implemented for the additional security of the bondholders, and the increased risk of the Borrower (you)).The one thing that I see over and over – even with some of the biggest players in the market, is this: Investors spend a lot of time and attention on the due diligence of the property, economics affecting property performance, property management, repositioning, and on closing the loan - - and NOT AS MUCH ATTENTION IS USED TO PREPARE FOR THIS ENTRY INTO THE FINANCIAL MARKETS, (WHERE THEY WILL BE RESIDING FOR UP TO TEN YEARS) AND HOW IT CAN ADVERSELY AFFECT THEIR RETURNS.

A few additional authors you may want to check our are J.

I make a list of every possible thing I need to include in a Rehab and develop a ruff Rehab cost (I add an additional 20% just in case).  

My military training timeline would be an additional consideration when trying to run the project ourselves / with our parents.Any wholesalers out there!? 

I researched the hot tub option.First I found out that the 98% of the competition didn't have them and may place already stays full without one.Second, I talked to some people that have them and they said they wish they didn't have one or didn't need one to be competitive.If you do you have you need to have a contract with a sauna company to do the maintenance to minimize your liability.I would the a pool would have the same issues applied to it.So if you don't need one of these to be competitive them skip the headache.

Had framing crews in on Labor day to frame ceiling in 6 and added additional framing in 2.While demoing wall in 3 for opening, GC discovered gas pipe in wall. 

Additionally, some tenants are probably getting away since I can only show on the weekends.

I think each of those items you posted has 1 or 2 additional levels of detail we could go into but would be too much info for the casual investor. 

If interested PM me for additional information.

Aside from beer and food, I your expenses should be pretty minimal at UPT.