First the bad, most banks will not fund the loan nor will most home owner insurance companies approve a policy until restoration and remediation is complete.

Quick notes about me: I was born and raised in NYC (Queens, Long Island) Current 2-family rental is in Queens Village I work full-time at a growth-stage technology company in NYC on their Strategy team My goals are to get 10 additional doors under my management in the next 3 years. 

I currently use Buildium, but they continue to raise their prices while being very slow on adding new features.

Has anyone dealt with Close now Funding based out of New Jersey ?

My attorney said the reason for that was that the seller then could try to raise the price to cover the lien, and sell to another buyer, in the hot market.

Due to our limited funds, we want to figure out how to get a great deal, with as little of our cash in the game as possible, to allow a "safety net" of sorts.

The area is still appreciating well so we expect to be able to raise rents on the next turnover.

You will have to make a decision with your broker about the true prospects of both releasing AND raising rents at the end of the term; if the market corrects and we see vacancy rates rise you may need to reduce rent just to keep the existing tenant in place.

I like this one.3) Highest risk because too much carrying costs with hard money, inability to predict where market will be when it's time to sell (9 months + modular construction time), opportunity cost if your funds are tied up and another deal comes along so I'm not a fan, negative cashflow like crazy over a long period of time is no bueno.Like the numbers on your deal, too bad 9 months + build time is really far out.

Fund that Flip gives their complete history.