Evicting a tenant is essentially terminating the lease.

Essentially, after repairs, would it cash-flow at today's rents?

So if land was $100k and building the house is $200k and you need to put 30% down, you'd only need to come up with $30k down instead of $90k down.5) VA Construction Loan - if you qualify, these are essentially construction loans but only require 10% down.I recommend calling a local bank and asking questions, they're typically pretty helpful if they offer these types of loans. 

@Tim Herman the electrical is up to date in 2 homes. i don't have the cost for electric work on third  demo will be just the cost of a dumbster. its already almost done just some here and there. labor cost covers new window install, an additional door way to make one home a 3 from a 2, kitchen rehab, bathroom rehab, drywall and new floor from nothing, also landscaping. essentially 2 homes will end up just shells.

Hopefully you can get some or essentially you bought a job or someone else a job to keep the cash flow rolling and you will be taking a pay cut every year if rents and values do not keep up with inflation. 

Essentially your goal is to fill in the gaps to move forward with your strategy. 

Essentially I am trying to prevent blowing all of our cashflow on paying my team so I want to make sure I am getting deals that allow for everyone to make money.Looking forward to see what feedback this brings.- Karl

I have seen the rest of their fee schedule - essentially 100% pass through cost on maintenance etc.

In the long run, the CapEx will help to offset some gains and hopefully rent rates will be great since home is essentially all new and utilities are completely independent by unit.

@TJ Park the scenario is essentially this:  Let's say I'm a syndication sponsor/operator and I want to buy a property and have investors fund the deal.