Hard money cost me 2 points and 12%, but had limited underwriting, they requested very little in terms of paperwork and the property could be very rugged (we had termites, rats nests, loose wires, holes in sheetrock, broken windows.)2.

The learning curve includes daily operations of the park, employee management, and RV types/slides outs/amperage/hookups/size that require certain site space and utilities.

Throw that loan program out the window and find a different program, like FHA for example, where I will pay pmi and 3.5% down, but I won’t have to worry about having to live in the property indefinitely.

I wanted to throw him out the window, but commonsense kicked in and saved me a lawsuit.

She has already installed egress windows.

Apartments- New kitchen layout, moved laundry into each unit, updated bathrooms, new windows (curb appeal), updated paint and flooring, turned the laundry room into the 12 unit.AirBNB- changed usage on the main level from office to 2 unit AirBNB.Office building- removed drop ceilings to add 3 foot ceiling height to make the space seem larger with more natural light.

Repaired windows.

A few common items to be on the lookout for:  Look everywhere inside and out for peeling or missing paint and fix as necessary, test windows to make sure they open, can stay open, close, and lock (old wood windows may have problems doing this regularly or be stuck all together), review basement for any signs of standard black, non-toxic mold/standing water, make sure all stairs are cleared of tenant items (no bikes, boxes, etc.).   

They asked, I provided because I was still getting paid, all the while sliding down the slippery slope.

I have been through replacing a roof, an eviction (where the tenant came back to break all the windows in the house), replacing sewer pipes, and several other issues that I am sure you guys would identify with.