My credit score is low about a 600 but I know I will be able to bring that score up now because of this new cash.

@Nick Kellar,Just looking at the work you did, looks like the improvements will be added to the basis of the property rather than the deducting it this year. 

I’m new to this at thought LLC is good for tax purposes.I’ve done a lot of home improvement and been writing checks with the LLC  account.I was just told that I should not have the rental payable to LLC since it’s my primary residence.Could some one give a quick crash course on top Do’s and Don’ts with LLC?

If you have good credit and tax returns that can justify the loans now, they may be able to offset this lack of experience, buying you time to use the properties as income for future loans.

He is versed in tax credits and project management- possibly property management. 

If that's not your intent, tell the truth. develop your script and approach iteratively, make improvements to it over time and test new things.

Cons: It can take longer to find a suitable tenant, there tends to be less appreciation (unless a neighborhood is improved which would in turn likely improve the grade of the neighborhood), and C-class tends to have more issues like litter, vandalism,  and crime than higher-grade areas.

I don't know of they're approved yet, but Baker submitted a list of towns needing improvement that will get federal money.

Will that full 20k balance be due the following month like a credit card? 

Process looks good with the lender, however they are asking us this:o Did you make substantial improvements to the property and if so what were the improvements and do you have a builder contract or invoices to document cost?