I think most people would agree that poverty is very much a pressing social problem in the USA.I remember in health class in NY back in the 90s, I had to learn how to feel around for testicular cancer on a nasty little silicone model, and yet no teacher in any class spent even a minute to explain how to put together a monthly spending budget.43 million Americans live below the federal poverty line and 9,310 American men were diagnosed with testicular cancer last year.

You can see what exactly they're looking for, and if it's something you're even close on after you get all other details (condition, occupancy status, etc.).

The biggest thing is to make sure that it is sloped properly and all the flashing and roof membrane is in good condition.

I have not been able to raise rent at all because they have a moratorium in place, and now more even so with all the cuts to social programs.Now I am getting hit with more real estate taxes.

Condition: 18/22 have been renovated to bring them to market rentable value.

400K for a MFR is very difficult to find anywhere in the boroughs or LI unless you're paying cash and/or can deal with additional issues on the property- i.e. non-cooperative tenants, poor property condition, liens, violations, open permits, etc.Another option could be finding a partner to co-sign on the loan with you.

Do I refinance in its current condition or do hard money loan for exterior stucco, windows, a new roof and then refinance?

It may be more beneficial to tear down and build new depending on the condition and comps in the area.

The reason is, your gonna ask me for a discount due to condition and then I'm gonna wait for weeks if not months for your 203K loan to get approved and funded, whileif I get a cash buyer, I might have to still give a discount but, we're closing in days for the same purchase price you were going to give me.

The regular FHA loan program has stringent condition requirements and they do detailed inspections.