A hydrostatic plumbing test is recommended to be performed by a licensed plumber post Foundation work.

, rehabbed (I'll bet $20k for rehab is high, with the right "mobile home rehabbers involved"), and roll all that into a new loan .

I recently became an agent in NC and I am very excited to get the ball rolling.

They've offered a rent roll, but that's just showing the current roll (which shows 3/8 units vacant).

You rolled the dice on not inspecting all the units...... and one you didn't look at has issues..... that's on you....And this isn't a tenant caused issue from your description.....so you would not be justified in holding deposits $$ on this.

@Matthew Paul the PM said that it's the contractors fee & that it gets rolled into the payment.

A quick internet search yielded an article by mashvisors https://www.google.com/amp/s/www.mashvisor.com/blog/fha-203k-loans-basic-guide/amp/A big thing to think about is that you could get a 3.5% down payment and benefit additionally by getting a relatively straightforward "reno project" rolled into the loan like a new HVAC system or new roof.

Now, they are moving out too early in the year to test if there is any damage to the piping due to incorrect closing.

After rehab you roll the loan into a traditional mortgage. 

Current leases and rent roll 2.