Addressed the foundation issues.Gutted the home to the studs, removed some walls to rearrange the flow of the home and give it an open-concept feel.New subflooring, sheet rock, windows, doors, fixtures, etc.Upgraded the electrical to a 200 amp service panel and removed the gas utility from the home.Installed new all-electric HVAC including the first central air installationInstalled an electric insert in the fireplaceNew kitchen and bathroomMoved washer/dryer hook-up to main floor What was the outcome?

The only way to guarantee this person is confronted by the mental disease he is afflicted with is to be the hard societal limit he comes up against, the rock bottom he smashes into.

I haven't turned over every rock of course but just keep coming up with under 10% ROI so I ended up doing this one which is on paper with $1400 rents at approx 11% 

You Rock Woman!

Pete that were built in the 1920's, still have the original wood structure and rock solid.

Maybe this is the rock bottom moment your tenant needs to get her act together.

If you are in Little Rock  or another larger area you should expect to be at 70% LTV with 3 points and around 13% interest and probably 85 - 90% initial funding.

Looking forward to learning and networking with all you real estate rockstars. 

Seriously I would tell them to go kick rocks.

Now maybe if you have a rockstar GC this might be a viable option, but it doesn’t sound like that’s the case.