The link above has most of those details, The fixed loan is from an insurance company, is interest only years 1/2/3, then no defeasance penalties up to year 10, they plan to sell/re-fi in 5-7yrs.

You'll save time, money and your reputation.

You put carpet in the bedrooms to save money.

Go to their planning zoning section.  

To be honest, I would just save the hassle and have the friend just sign a quit claim deed over to your LLC because she has already received ALL she is entitled to and more.

Try to FAIR plan then get a wrap around 

Everytime I see a post saying this I check Podio and it has a GlobiFlow plan for $24 a month.

Financially speaking, I'm still saving, but the goal is 50k saved up (all costs: closing, fees, down payment, portion of rehabbing costs) by this summer with my fathers help on the cash all while I continuously save 50-80% of my work checks to fund for rehabbing this property and I work off my second job and "survive off of that."

I would use the time with current tenants to get contractors in and give me estimates on future projects I have planned for the place, then execute them once tenants move out.If there is a good contract on the tenants moving out either June 20th or July 2nd with the prior landlord, would you go forward with the June 5th closing date or move it to a different date after the current tenants leave?

Is this meaning to just save the cash flow and "re-invest" it in your next rental property?