Most of these appear to have been very poorly executed.The available space after creating proper wall heights yields about an 800 SF studio unit.

As others pointed out, the credit partner would probably see lower credit scores with the increase in debt, and cash reserves would be required with each additional properly.

Gon't exagerate.I remember one guy that came to me with a decent plan, decent numbers, sufficient assets and a decent product, but he didn't get a dime from me.....why?

I am an agent and also an investor, whenever I put the finished product on the market I always disclose that I am an agent, if the house is priced right and if you did a good job on the rehab you do not need to worry about them trying to negotiate, you will probably end with a multiple offers anyway

As a contractor, I know that sometimes you have to pull everything back to find the damage and repair it, otherwise, you just have a money pit that keeps sucking up all your resources, and never is what it could have been, had it been repaired properly.

They responded that I didn't give them proper notice to vacate.

They should have renters insurance to cover their belongings.An attorney will take up a bunch of time.I would make sure their apartment is fixed properly and not on the cheap and that also they reimburse the days out of the unit say so many days as a free rent credit moving forward.If they blow off the requests that might be the time to send the attorney letter to wake them up to working with the tenants.

I am a New Product Introduction Engineer working for a solar power company (MEMC/SunEdison).

It appears it is a Freddie or Fannie product.

Thus it is not proper for such a broker to undertake to devise the detailed terms of a purchase-money mortgage or other legal terms beyond the general description of the subject property, the price and the mortgage to be assumed or given."