His rehab costs were less than what I Typically pay to paint the interior of one of my rehabs.  

If it was useable before (small ding) and is now destroyed, I'd take her up on her offer, but I'd also pay some of the costs as it wasn't new when she moved in. 

They need to have worked creative deals in the past and hav experience with sub to, seller financing, wraps, double closes and assignments.

They are asking 950K.Gross rents: 100,800Utilities: 3KInsurance: 7KProperty taxes are roughly 10K for each 450K in value.Repair/Maintenance: Don't have figures yet but I'm assuming it'll average out around 10K a year.The lender I am speaking with also requires me to also include an 8% vacancy rate and a 5% management fee whether I have those or not.With an interest rate of 8.15% and 20 year amortization, I can't get close to a 1.2 DSCR until my amount borrowed is down to about 450K. 

I'm not sure where to start with private money or hard money lending when it comes to covering rehab costs on a rental property that we already own.

I mean a deal will cost you 150k in capital, maybe more. 

Work with a licensed GC (if this is your first fixer) If you have verifiable rehabs in the past 36 months that you have closed on you can rehab it yourself as long as its not a heavy rehab. 2.

Keep monitoring the market and working closely with your property manager for the best strategy.

I know contract pays for travel nurses have decreased, but I still think you can make a decent profit if you the house is close enough to a hospital.

When I ask for reasons I get cost of living, quality of live, moderate climate, fresh water access, no natural disasters and moving back to where they were from.From what I can see the trend to the Midwest is steadily increasing, but by no means as big as moving south.