@Jason DiClemente, so then If my ARV was $135k and I did 75% minus the repairs, I would be at $76k.

I believe I'm running my numbers correctly, but would love some input.Purchase price: $99,000.00ARV: $150,000.00Improvements: $2,000.00 (home is rent ready, but needs fridge, dishwasher, and a cleaning)Closing cost: $5,000.00Mortgage: $531.00Property tax: $320Insurance: $85Vacancy: 5%Maintenance & repairs: 5%Cap ex: 5% (I'd generally do 10%, but this is a townhome)PM: 0%HOA: $300Potential rent: $1500-$1600Potential monthly cash flow: $40Cash-on-cash return: 9.5%Total Equity: $50,000.00Here's the deal.

This is also a great reminder to make sure you have QUALITY insurance. 

What I learned from the Bigger Pockets of credit, www.creditboards.com, is to actively work on repairing credit with a SECURED CREDIT CARD.

I'm told that there are some banks that will fund 75% based on the after repair ARV.  75% of 1.2mil is $900k

I like to carry the keys with me at all times in case I find myself needing to go to one of my properties for a repair etc.

I'd suggest highlighting the house's other many great qualities--nice residential neighborhood, near amenities--rather than headlining one thing that is not really a selling point.Good luck!!

I'm not doing any additions or demo, but will need to put in somewhere from $25-$60k of works (still waiting on the showing to get a better sense of budget). repairs will probably include renovating the hardwood, painting entire housing. redoing entire bathroom and a big portion of the kitchen, etc.

Total mortgage with repairs added onto the permanent loan would be for under 80k. 

Everyone seems to recommend separate bank accounts for the business (as landlord, collecting rent, paying expenses, repairs, etc) and personal.My question is, since I live in the small unit (maybe 40% of the sq footage of the building) and rent out the other 60%, it's unclear which account I should use for the roof replacement that is going on right now.