Can I buy a property for $100K & put in another $100k from my funds to improve it?

I'm also fairly confident you are not allowed to ask the dog to perform its task. 

I’m pretty confident we can get credit up in time.

Also, would a bank appraise the property if they did none of the improvements?  

I googled some of the information but they are generalizations, and I am still not confident.

The “seller” will buy back these two tracks with the proceeds of MUD bonds he sold to reimburse himself for advancing $8 million for utilities improvements.

In fact, most of the "housing distortion" you see in these markets I think can be identified from the regulations that were trying to solve a real problem but just got in the way and either made building new apartments more difficult, or maintenance and improvement of neighborhoods more difficult. 

Depending on how much the property is worth the refinance can be used to improve the property.How much are the properties worth?

And when those folks did their DD on the sponsor they would have come across numerous podcasts in which this person confidently mentions the several deals that they executed, again never mentioning that they only raised capital.

Ask the MLO what can be done to improve the DTI.