You need to see this project through but first it is critical to get hold of the numbers. assess where you are and get hard numbers in writing so you know how much you need to get the property rent ready.

I'm not sure I completely agree with your assessment that raising equity is more risky either.

You can not ratio and pro-forma your way through assessing any bar business.

I agree with Will's assessment, comps are telling you something.

The Walmart window plastic works well and if you don't have dozens of people crawling on it, will last as long as the house.I understand the tight quarters, but there are some things you should understand about vapor barriers; they don't have to be perfect, a gap here or there isn't bad; and some is better than none.With help, you can open up the floor, which it sounds like you've done some, cut the plastic into strips and pull them from one end to the other.

If there is no information is available we'll use 75% of gross - PITIA (prin/int/tax/ins/assessments).We cant determine your DTI if we dont know how to calculate your rental income.

And with the new tax assessments going into affect, i don't even know if we will be making any profits this year at all...I'm very scared for those letters to arrive.

We have taken on portfolios that required multiple evictions with dozens of late paying tenants.  

The assessing municipality is required to use comparable sales and disregard the subject property's sales price.They take 1/2 the assessed value and call that the State Equalized Value.

When selecting an agent to work with, What value do you see in using a larger agency with multiple locations and a couple dozen agents, vs a smaller office with just a few agents.