This is the most accurate method for determining the After Repair Value (ARV).Your broker can provide a Comparative Market Analyses (CMA) to assist you in estimating the specifications of homes in the area and the value that these specifications add to your property.

That In my opinion is the best thing for $40K of investment. 3) REIT can come in many flavors and I would be very careful about them considering huge commercial big box stores are taking it on the nose right now and many REITs are heavily vested in that type of asset.

I am also happy to connect as we provide lending throughout Indiana if you would like to chat.Staci

The best practice is to provide guidance early and often. 

But if I want to invest money providing better terms than those options, he's happy to take the better terms.I don't want to ask for the terms of his best alternative, and even if I did, I'd likely still post this to verify.

The rate will be high but you won't have to provide any income documentation or leases. 

Does anyone know of reputable insurance providers they recommend?

Did you ask what about the inspection caused their last deal to fall through and whether they have a copy of the inspection they could provide to you?

Consider semi-furnishing the space to increase room rental costs and also contact your local university/college housing department, they typically provide students with resources for off-campus housing and you could plug yourself in there. 

The landlords didnt provide walls painted with marks or drawings on it.