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?

My capital and credit. 

I have had really good luck with Utah community credit union.

I'm told I should be looking at credit unions.

I plan to refinance the property at the 6 month mark into a 30 year fixed mortgage and I was wondering what types of improvements boost the appraisal the most. 

After working with Navy federal credit union, I was able to get approved for ~600k(1-2 unit SFR), 30yr foxed,4.5%interest, 0%down, and 2.2% VA funding fee which is wrapped into the loan.