They would red tag you & probably double  (maybe triple) your fees.  

Obviously, one red flag, but if everything else checks out, it seems like it might be ok.

If I go to Google Maps and look at the street view, I see a handwritten sign on the house in large red letters that appears to be some kind of warning.

Do you need to hang and mud the sheet rock too, or just fix some problems and prep for paint?

You ROCK!

I'm a transportation planner by trade and a rock climber and  musician by passion.

STL rocks man!

I had three contractors say they could do the rehab on it for 8500.00 which was great. the house only needed new carpet in the bedrooms and I was going to put laminate down in the living room and dining room. paint the interior of the house, new kitchen window, new vinyl kitchen floor put down, replace 3 4 foot pipes that they stole which was a blessing because they could have taken a lot more but they didn't. also mud spackle and replace the sheet rock in one of the bed rooms. all three contractors said they could do it for he same price and I found a house that didn't need much work.

Just make sure you hire an experience coordinator that makes sure you follow all the red tape!

My first thought was to get a loan on the property to extract the equity and the income from one of the two units would more than cover cost of Mortgage, taxes, insurance etc.The problems I'm running into is, A: The property is worth substantially more than I paid for it 9 months ago as I bought it as an uninhabitable bank owned foreclosure, which seems to throw up TONS of red flags with Mortgage Brokers / underwriters I'm told.B: I current have it listed for sale, even if I pull it from listing, the mortgage brokers want to again red flag itC: As my experience is Fix and Flip I don't have experience as a property Manager per se and the lenders I have spoken to all want you to have 2 years history.