In other states there are other regulations and requirements so be aware of that.

@Mehran Kamari Exactly.So the question is, Can they bend at all with all the new regulation?

The downstairs property is managed by a management company within an apartment complex regulated by an HOA, but the upstairs apartment is owned by a private owner and not managed by the management company (still part of the HOA though).

So you saying too much supply?

There are simply too many strings that are likely to come with taking this money for most quality promoters or business owners to utilize it.What is much more likely to get utilized is Title IV and the "Regulation A+" apparatus for raising up to $50M in a 12-month period.

Supply is dropping, demand is increasing, affordability is dropping, banks aren't lending, but sales prices are increasing.

IF you want to be a money manager and go big get familiar with Regulation D 506 and it could open a whole new universe...

Like the appliances, were they tenant supplied or LL?

The market supply is seems to be depleting and not being replenished causing sharp rising prices.

I personally wouldn't do it if its truly major rehab.You could damage their personal possessions with dust, spray, debris etc...They might not have a functional living space and you are responsible.Also, based on my experience, unless its super simple, "shouldn't take more than a day" typically turns into 2,3,4,5 days depending on the age of the home, and sometimes a part just isn't available at the home depot and supply houses are closed on weekends and online expedited order says 48 to 72 hours and you go..."